What's going on with the market right now?

Ultimate Dystopia
2022-05-07

The US market just had another of its roller coaster ride this week. As Fed has decided to spike up the interest rate, market now has seemed to be entering a technical bear market, but what's more worrying is that we might be entering a market recession. Anyway, whether it's a bear market or a recession, one thing that one SHOULD NOT do is NEVER sell your stocks out of panic, provided that you're not using leverage or any other borrowed fund means. Stay on the rocky ride, don't get yourself dumped out of the ride, eventually, you will enjoy the ride

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Comments

  • JC888
    2022-05-07
    JC888
    Wall. Street is up to its no good? Or the funds managers are going away for their annual holidays and selling out now?
  • Yokelee
    2022-05-07
    Yokelee
    Hope the good days return soon or my leveraged ETFs go lower haha. Still holding and buying down
  • BellaFaraday
    2022-05-07
    BellaFaraday
    Maybe now is the time to buy quality stocks.
  • PandoraHaggai
    2022-05-07
    PandoraHaggai
    We should be greedy when everyone is fearful.
  • DonnaMay
    2022-05-07
    DonnaMay
    Now we need to be strong in our convictions.
  • KwLau
    2022-05-07
    KwLau
    We r in bear market now.
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