CMG Capital Management Group CEO Steve Blumenthal takes a sobering look at debt across the globe in his latest Forbes article Creative Destruction And Managing The Risk of Global Debt. Excerpt:
If the stock market is tempting you to go “all in,” now is the time to think otherwise. Now is the time to allocate to a broad set of risks and establish a process to hedge your equity exposure. The time to position aggressively in stocks will present itself again, but such opportunity shows up when it doesn’t feel like opportunity (such as in recession, cyclical bear markets and/or crisis).
Here are three things you can do:
- Hedge your equity exposure.
- Put in place a stop-loss risk management process.
- Finally, allocate a portion of your portfolio to tactical strategies.
See the full story in Forbes.