Market Talk
The markets have corrected some and are bouncing now. Will a bull rally continue into the year? Remember the Fed's intention to start the raise of interest rates in March. Further, the Russian bear is surrounding the Ukraine with military equipment and over 100,000 troops. The Olympics wind down in the Peoples Republic of China (PRC) around February 20. The Ukraine and Taiwan are not under the umbrella of NATO and Russia and the PRC are aggressors on the world stage. These are examples of macro factors that make me circumspect about many stocks, especially companies that may be enjoying nice runs but are dependent on a partnership with the PRC.
With the above overall market wariness, the sidelines look safer to me at this time.
Dry Powder - I would not go all in on any stock with the macro dynamics of global strife and Fed tightening to address inflation.
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ALL in my humble opinion, scroll down and read more..
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