Looks like the market is pricing in a stagflationary event (recession with inflation), which is not a good sign.
...Well… what a week!
For the first time in 2 years, it’s starting to feel like March 2020 again.
That indiscriminate selling across the board, people dumping anything they can get their hands on.
Yet as investors, times like this are what we live for.
These are the times where generational wealth is built.
That said – my personal view is that this market crash is very different from March 2020.
And calls for a very different playbook.
Lots that I want to share today, so lets get started.
The Carnage in Financial Markets
Stocks
Over the past month, the S&P500 has dropped 12%, and the tech heavy NASDAQ is down 16%:
No sector has been spared.
Consumer discretionary has been hit the hardest, while energy and staples have fared the best (but still down).
