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Sign in / Join NowSteen Jakobsen: Now Is The Time To Be In Capital Preservation ModeMar.Over inflated asset prices, over crowded trades, anemic market liquidity, and a continued decline in the credit impulse set the table for a banquet of consequences, in Steen's view.Confident a market correction of at least 15% lies ahead, Jakobsen urges investors to exit leveraged positions and build cash.As for a longer view, he predicts commodities will be one of the best asset classes to own over the next five to ten years:Every single product available to investors today at has less liquidity than is perceived. I think one of the biggest gaps between perception and reality right now is the ability to actually exit the portfolio you're in. Whether that's an ETF, whether that's credit, or whether that's even some of the small cap stocks.We already have a proof of this because the spike in February. used iphone 5s Sen. 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