Thanks for the responses. Well, shorting LEND is something I’ll investigate for my trading account. My trading account will be going to 35% cash just before the next hike – I want to save some gunpowder.
For my 401k I have about 10 funds that I can choose from – can’t pick stocks. My allocation, after the next rate hike will bump up in the bond fund and down everywhere else except foreign fund which has been on a tear (20% 2 years+) and then once again after the second hike. I figure that asia will take a little longer to experience the pain of any RE collapse, provided it move along swiftly.