R.I.P U.S. MARKETS!

The Sun has Set on Equities

Yesterday, the NASDAQ 100 Index fell 6% at its lows, the most since March 2020! In sports, athletes sometimes return to action within days of an injury… it may look frightening on live TV, but these professionals are resilient and very powerful, but even these athletes, at the prime of their career, can fall and stay down for a year.

Not many remember this, but Michael Jordan spent a full season on the bench in his 2nd season in the league with an injury that not many return from, feeling the same about their abilities.

There are countless injuries, where players and athletes never fully recover their bodies to the fullest potential.

The U.S. market HAS ALWAYS come back stronger, but sometimes it takes years, even close to a decade, for prices to return to all-time highs.

Courtesy: Zerohedge.com

We’re literally seeing the end of an era and those always come with severe reshuffling of funds.

We might be entering a period, where stocks flounder for years, because the fundamentals of this economy don’t look like they’ll change and that lots of inflation.

Courtesy: Zerohedge.com, Bloomberg

If this market was to turn, it can only be because Putin ends the war, otherwise there’s little hope for a major turnaround.

This reminds me of the early 2000s, where the ONLY WINNERS were mining stocks.

Only mining stocks flourished in the early 2000s – point blank.

Best Regards,
PortfolioWealthGlobal.com

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