Fear is coming in. News kept blasting bad news and waging anxiety in the traders.
It takes time for the interest rates effects to be felt In the market. U cant dampen demands in a month, it takes 3 months or more to see the effects.
My view is wait for june or july data to see if inflation holdsteady.
Recession or slower economy is certain but it is also the best time to buy cheap stocks. Covid market 2.0 is coming. For those who laments they missed the last run, u should be happy to scoop up at such good prices
Avoid speculative stocks and lets concentate on fundamentally good stocks when the time comes. Prepare your bullets. no need be like machine gun. Spray your bullets slowly over the year.
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