The past 3 days have brought us on a great ride after months of bearish sentiments and brought world markets into correction and bear market territory.
It's a great respite but I do urge caution and over bullishness in the short term as volatility index is still high and many macro economic factors are still in play.
Though I believe that recession is not in play due to the world emerging from the covid crisis and restarting their economies, with inflation at such high levels its a risk that we have to take into consideration.
The impact of inflated oil prices has yet to fully kick in and not withstanding the unplugging of a huge country Russia from the world economy. We will need time to adjust and let's all keep level headed.
Remember to take the opportunity to unwind if ur leveraged.
Have a great weekend everyone
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