Hi Friends,
As an investor, I am feeling the pain of the recent market correction. Not nearly as fun to review your portfolio or make trades when everything is tanking. There is no green to be found:
A sea of red. Today’s news was of poor earnings by big box giants, as supply chain and increasing fuel costs eroded the bottom lines. Consumer discretionary stocks got pummeled particularly hard as result.
Add in high inflation, interest rate hikes, less quantitative easing, war in Ukraine, NATO tensions, political divide, etc, and you get the current environment. We shall see how the rest of the year plays out, but as a long term investor, I am adding when I can to oversold areas of the market.
Thanks for coming by,
Brian
