Those who have stocks better watch out. My friend sold out all his stocks because Warren Buffet sold his massively last year. Buffet does this just before an economic bubble burst. Rumour has it that it may come this autumn. I kinda want to hold out a little longer because I am looking at other indicators, primarily on unemployment rate, consumer price index and retail sales, before deciding. The rising inflation might affect consumer confidence, which could exacerbate the risk of recession. The unemployment rate, consumer price index and retail sales reports are coming out this coming month of August and we’ll see.