Austerity, tariffs and sanctions are about to crush the market (and are crushing it). Liquidity seems to be disappearing. I can't see any relief in sight.
The market seems impervious to good news right now too, including the promised removal of regulatory road blocks.
The only thing that might help is lower interest rates. But Powell has shown no interest in doing that, and he especially wont lower rates now as inflation is rising.
I'm just going to keep DCAing until this thing sorts itself out. Not sure when that will be though.
Good luck guys.
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