By Jeffrey Cohen, Your Investment Advisor Representative
US Advanced Computing Infrastructure, Inc.
A non-discretionary investment advisor in Illinois.
We are very bearish on today's US Equities markets in this video. However, it is all 2nd order effects and macro-economic factors at this point. Lots of indirect causes and malaise. We think the market has only one way to go in the short-term, and that is down to continue the bear market decline.
We discussed multiple issues.
There is probably more that we discussed, such as our discussion with our daughter explaining how the government broke the US dollar and inflation is really high. It is bad for a 12-year old and her 19-year old sister. It is bad for everyone.
We worry that the US Federal Reserve and the US Federal Government won't do what it takes to correct inflation, and we worry that they will do what it takes to correct inflation. Unfortunately, by waiting too long and letting the market forces do the heavy lifting, they only have lose-lose options. Those options will cause widespread global poverty. It isn't a good choice.
We also worry that Russia will declare war on NATO. This is our black swan event concern and it will change things for the remainder of my lifetime, and likely most of yours.
Good luck in the markets today.
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