2022 in review - Market analogy in waves & tides
@KYHBKO:
The stock market is like waves & tides. Do not mistake the waves (price fluctuations) for the tide (macro). Don't be distracted by the waves. It is different when the tide goes out as there would be new lows. We get into the stock market with the intent to make more money. When we are able to invest, this puts us in a privileged position. This implies that we have excess compared to many who still struggle with food & fuel insecurity. The irony remains that many are lamenting over their investment losses while many more do not have food on their table. What a first-world problem. Below is an extract from a recent IMF publication dated December 2022: As Europe approaches the cold winter months, governments face difficult policy choices as they seek to protect consumers from soaring