Over the past year, major stock market averages made large moves in the bull market. The Dow Jones Industrial Average is more than 80% above its March 2020 low. A move of that size is not unprecedented, but it is rare. Back testing provides mixed results, but there is an elevated risk of decline.
Traders like to cite the age-old maxim that “the time to buy is when there’s blood in the streets.” With war drums beating in Ukraine and global tensions rising, now could be a good time to review this advice.
Inflation appears to be rising. While the Fed says inflation isn’t a short-term concern, not all investors share that opinion. Investors should take inflation more seriously than policymakers seem to be doing
President Joe Biden plans to raise gas prices. That’s not exactly what he said this week, but his Afghanistan withdrawal will lead to higher oil prices. It won’t be long before we see the result of this decision at the gas pump.
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