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Re: None

Monday, 05/09/2022 11:50:03 AM

Monday, May 09, 2022 11:50:03 AM

Post# of 42940
Thoughts for the week: Global market conditions are carrying huge risk, interest rates on the rise, inflation still needs to enter hyper-inflation, energy problems, high oil & gas price squeeze while the economy is attempting to electrify and turn more green; this adds further demand for critical metals that drives up the costs even more. Feels like everything is extremely inefficient combined with the uncertainty of Russia / Ukraine issues, food shortages, supply chain issues, over regulation among other things. So this actually has no effect on DIGAF but generally the overall market is heading down so IMO it was about 3-4 weeks ago was the time to reduce risk and exposure and wait for this to pass - feels like 2022 is a write off and its to difficult or almost impossible to catch a falling knife. This doesn't even touch on China and that mess and BTC (crypto) now down over 50% from its ATH's months ago. Thoughts?