Stock market bears and bulls are the norm.
Market did well during the covid early years was due to manipulation with quantitative easing. Now, we are paying the price of it- inflation. Of course, inflation was driven by other issues like long standing supply chain, China's zero covid policy and the war.
Rate hikes are now leading to fears of recession. I do expect this market sentiment to last at least till end of the year. In addition, at the next earnings, if specific companies do not do well, stock prices will fall too.
Personally, not too worried. This should be agood opportunity to add on good companiesor even ETFs. But, I am not in a hurry to addyet. Current small market rallies look like just dead cat bounces. I will patiently wait for the market to bottom before adding on goodstocks. Of course, if the price is already attractive, I will nibble a bit. I do not expect any rapid market rebound like the covid time in 2020 as governments are not rushing to pump money to prop up the economy. Many have to bear the pain and allow the stock market to crash before inflation makes life unbearable for the common man on the street and lead to social unrest.
Patient is key... in terms of adding pace andwaiting it out for the next bull..
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