Subject: Re: What's your take on the Macro in the US?

I think clearly now is the time to diversify since there are a lot of unknowns out there. And the common thread would be international stock markets, gold/metals, TIPs and reduce exposure to the US market.

We likely are seeing more unemployed in the federal sector which will ripple through the economy and in some cities could also hit RE hard. I lived much of my life in the MD/VA/DC area where housing seldom dropped much due to how many government employees lived in the area and a married couple there could easily afford the high RE prices and support them even in bad economic times. I know back in 2008 when RE in many areas dropped 50% or more, housing back east dropped but by much less.

And couple the current issues with the fact the stock market was probably overpriced before 2025 started and sure you could see a sizable drop. Nothing currently going on politically is going to improve the economy, especially in the short run.

Diversify and be nimble. No country stays on top forever and I think the US standard of living has been dropping for a while and might accelerate further. Hopefully not long term.