Like Warren Buffet said “buy when there is blood on the street”. It’s max panic right now in the market. Every news outlet will have a article on the upcoming recession, fund managers are also singing how much we will be fucked in the next few quarters .
How I see it we are already in a recession, we have passed the peak point of the recession, and coming to a recovery . The reason for it is the rising interest rate, which have to rise because of inflation. In the last 2 CPI reports, inflation has slowed significantly. Before inflation rose sharply due to the high gas price, now you can go to you local gas station and see that fuel is on a down trend.
The fed is also slowing their interest rate rise to 0.5%. I can see an end to this high inflation issue that we are having and returning back to normal. I’m buying heavy every chance i get.
Just wondering what will you do?
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