Plus, One must ask themselves... Are Russia and China satisfied with making Ukraine and Taiwan uncomfortable? Do they understand the costs?
Stay tuned for my 2022 Tax Loss Selling Recovery Portfolio, which I'll roll out in early December.
Pessimism has taken a blow and has been costly over the last several trading days.
Over the longer term I think a significant rise in inflation is inevitable and not factored in the market properly.
The US Ten Year Note has been on the move, and the US Dollar Index has also been climbing overnight.
There is no warning to exit the stock market, but be aware the landscape will change.
Although indices were flat for the week, that is exactly what we need for better technical conditions after the dips.
The market is concerned that these taxes would trigger a rush to lock in gains before possibly higher rates went into effect.
Don't fear the taxman, view this one as an opportunity, not a penalty.
This is a perfect time to make sure you haven't strayed too far into the mainstream, which has been the wrong trade for well over a year.