The economy... a crisis ... or an accident waiting to happen?
As I've said before ... this feels like a financial crisis ... in slow motion.

There's no rush on the Banks. There's been no panic. Our economy is not crumbling. We're not going into a depression as we did in the 30's. There's no need to put your money under your mattress. But ... it feels like we're about to have some sort of accident ... doesn't it?

Consider these facts:

• Bear Sterns failed... who'd of thunk it? The Government stepped in & took all their bad debt in trade for US Treasuries...
• Fannie Mae & Freddie Mac failed ... the Government stepped in to keep the wheels on.
• Lehman Brothers (in business for 158 years) is near failing. Treas Scty. Paulson says he is "adament" that no govt. $ be used in any deal .

So ...
If you had your choice would you...
A) Survive the accident, or
B) Would you avoid the accident all together?

There ARE ways to avoid the accident. Experts like Dan Fuss, Bill Gross & Mohammed El-Erian have experienced these "accidents" before ... and they have learned how to avoid them. Here are some of their ideas:

1. Focus on "Quality"
2. Utilize "Emerging Market" equity and debt
3. Look for "Absolute Return"
4. Consider "Hard Assets"

Integrated with typical asset allocation & diversification, these ideas can help you avoid the on-coming traffic.

Contact me if this makes sense to you.