- Dare I say - market participants are perched on the precipice of pain as major market pillars begin to crumble.
- Unfortunately, several calamitous catalysts have emerged to include rampant inflation, Fed policy flip from dovish to hawkish, and supply chain issues.
- All these hawkish headwinds have led to a major market selloff as fears of a recession and imminent earnings revisions set in.
- Yet, a lot of damage has already been done. I do see a flicker of light at the end of the tunnel. Nevertheless, I've learned attempting to call bottoms is a futile endeavor.
- In the following piece I will do my best to distinguish realty from repartee and provide some actionable ideas in the midst of the madness.
For further details see:
Preserving Principal Is Key: Markets Perched On Precipice Of Pain