I suspect the article is correct, however I’m not changing anything about my asset allocation. A large fraction of my net worth is in index funds. They will probably tank if that article’s predictions come to pass, which again I think is likely. But, as they say ‘time in the market beats timing the market’. In other words, a market-average return from index funds is likely to yield a higher long-term rate of return than moving money in and out according to whether I think it will go up or down (because I will frequently be wrong). Also as a relatively young person from the perspective of my retirement savings (which I won’t use for decades), a huge recession just means something I buy every month (stocks) is on a big sale and I get more for my money. Now if the value of my index funds goes to zero, our civilization has ended and I don’t think it will matter if I moved my stocks (index funds) to gold, cryptocurrencies etc. Not to say you shouldn’t have assets in those things, just that you shouldn’t reallocate heavily into them due to fear of some impending event. At that point, you will be relying on assets like long-term food storage and water purification systems. Maybe one percent of your net worth into physical preps seems like a great diversification to me. No one has ever paid me for my financial advice, so I guess I’m not a professional and yadda yadda yadda disclaimer yadda yadda yadda.