IMCV - Pain Purifies: Markets At Point Of No Return

May, 07 2022 08:00 AM iShares Morningstar Mid-Cap Value ETF

Thursday the major averages had their worst day since 2020. It was a full-fledged liquidation, nothing was spared. Friday the selloff continued with energy in the green.
As Shakespeare would say, the worm has turned. The Fed has turned from dovish to bearish. Further, inflation is out of control, at 40-year highs.
What’s more, geopolitical tensions are at all-time highs with the prospect of a possible World War lll on the table. Unbelievable.
This has created a perfect storm of pain for investors with seemingly nowhere to hide and no end in sight. The markets are at a point of no return.
Even so, pain purifies. In the following piece, I will do my best to distinguish reality from repartee and predict where markets are headed.

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Company Name:	iShares Morningstar Mid-Cap Value ETF
Stock Symbol:	IMCV
Market:	NASDAQ