The DOW is crashing again today. It will probably end up at around 8300. In the past week, my muni bond fund bounced back from a low of 4.83 and is now at 5.09.

Everything points to deflation over the next 6 months, but then??? The government is printing money as fast as it can to borrow us out of this mess. The likely (and intended) result will be inflation. The easiest way to buy yourself out of debt is to make the debt [relatively] less. The challenge is going to be figuring the best time to go from cash - and long term bonds - into hedges against inflation. (property, stocks, commodities) As they are the very things that are crashing right now,  the timing is going to be difficult.

My first step is to get out of the long term bonds. I'm thinking definitely within the next 3 months.