Bearish sentiments have taken over. Liquidity is drying up quick. I have re-adjusted my portfolio towards capital preservation and going mostly risk-off. We are pretty much at the mercy of macro and the Federal Reserve’s decisions in the coming months. Recession is (Probably) Here The global economy is more or less getting worse, and as liquidity becomes tighter, struggling businesses with fragile balance sheets will inevitably start to fail one after the other. After the sudden demise of LUNA/UST, we have already witnessed a wide range of similar events, beginning with Three Arrows Capital and continuing with the nefarious influence it had over a number of other lenders, including publicly traded firms like Voyager Digital. There will inevitably be moments when human emotions get in the way due to the barrage of negative news, bankruptcy proceedings, and scandals as defaults and insolvencies become more prevalent, while sinking corporations battle...