As Western governments teeter and the banking system crashes again — and it will — U.S. stocks will be deemed safer than just about anything else.
It happened before.
Just look at the 1932 to 1937-time period and what most analysts are not telling you about the Great Depression.
Back then, U.S. and European economies were plummeting into a depression. Unemployment soared. In all, 17 nations in Europe were going bankrupt, defaulting on their sovereign bonds.
Although the U.S. was the world's creditor then, its bond markets also came under suspicion. Banks were folding left and right in Europe and the U.S.
Tens of billions of dollars fled the sovereign bond markets — and the banking system — and went directly into U.S. stock markets.