A great storm is just over the horizon and fast approaching.
The cost of everything is about to skyrocket way more that it already has and there are going to be more food shortages around the world.
Within the next 2 months consumers will start to experience products that are going to be unavailable as well as rising cost of everything in everyday life. When oil prices rise everything is going to rise as moment of goods and products relies on oil.
FED Interest rate hike will only make matter worst as supply chain problem and food shortages are still unresolved. Mainly from lockdown and the war. The monkeypok still has much uncertainty as it takes about 3 weeks for symptoms to rise and another 3 weeks to quarantine. If it's going to be a pandemic then it will take longer than what COVID-19 used to be.
US 30 trillion of debt is astronomically high. While the government prints money, it causes inflation to sky rocket to what we are seeing now.
Many countries are going to face what Sri Lanka is going through and the crisis will last few to several years.
Everyone will suffer from this crisis like never before seen and never thought would happen in ones live time.
I foresee most stocks are going to be hardest hit during this period and many new and not so new start ups especially growth and techs stocks will face high risk of bankruptcy and almost with certainty as they will not have the cash flow to last them through this critical period.
I still maintain from my previous standpoint that its not the time to buy any new stocks. It's time of caution and preparation for dark gloomy period ahead.
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