MarketWatch's 30s and 40s checklist is now a household sell signal
The house, the kids' college and the raise are being read as proof a calm life has topped.
"...which is why we are short nineteen driveways, a bet their price falls," said Niles Punt, who only profits when households look calm.
On Sunday his note recast a MarketWatch guide to the house, the kids' college and the raise. Those three wins, he wrote, are no longer a plan for later life. They are the top.
He sets a paid-off kitchen next to the housing break of 2008. College brochures get the stare once aimed at dot-com ads that aged badly. Calm, in this note, is the risk.
Let me be clear: this is a bubble.
His fix is to send the raise back, rent the house to itself, and wait until the college fund apologizes.
