In 2008, it was the Lehman Bros collapse that lead the entire world into a tizzy and we are slowly recovering back.  The reality remains that even now, the broad economic indicators for all the major countries continue to be negative.

The food inflation levels continue to be high for the entire world, the crude oil prices are going up again, unemployment levels are only increasing and remaining at high levels, and banking system is in shambles.

This is a great recipe for another round of global meltdown. And it will make lot of sense to be away from the stock markets and money markets at least for another two or three months, till we get clear recovery signs.

As of now, there are 50 % chances for another big bank or Insurance company collapse (may be AIG or Citigroup or BoA or Morgan Stanley …god only knows) in the coming months. If that does not happen, it is good for the entire world. But it is not worth staying fully invested now and pay heavy price in case of any ugly turn of bad events.