- Put the money where it's safe--minimize risk;
- Put the money where the government has little or no access to it--taxes WILL rise.
So, it's no wonder the markets continue to slalom. Folks are stuffing their mattresses.
Of course, the nasty side of that will come when inflation hits. Then, the mattress-stuffers will be caught between the proverbial rock and the hard place unless they've stumbled into assets that appreciate pretty dynamically. But now, and as long as the current president and congress have sway, apparently no risk is a good risk.