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There's a time to make money and a time to not lose money. We're now in a time to not lose money. A time to focus on preserving your principal as even the pillars of
Preserving Principal Is Key: Markets Perched On Precipice Of Pain
Summary
- Dare I say - market participants are perched on the precipice of pain as major market pillars begin to crumble.
- Unfortunately, several calamitous catalysts have emerged to include rampant inflation, Fed policy flip from dovish to hawkish, and supply chain issues.
- All these hawkish headwinds have led to a major market selloff as fears of a recession and imminent earnings revisions set in.
- Yet, a lot of damage has already been done. I do see a flicker of light at the end of the tunnel. Nevertheless, I've learned attempting to call bottoms is a futile endeavor.
- In the following piece I will do my best to distinguish reality from repartee and provide some actionable ideas in the midst of the madness.
David Alton Clark is a U.S. Army Veteran and a former public auditor, bank executive, FINRA securities broker, with over 30 years of experience in portfolio management. In 2020, David was named "Stock Picker of the Decade" by Yahoo Finance. He specializes in the understanding of full market cycles, having successfully navigated the bubbles of 2000 & 2008.
David is the leader of the investing group The Winter Warrior Investor, where he shares "best-in-class" high-yield income and growth securities trading for attractive valuations. Features of The Winter Warrior Investor include: Model portfolios with tracking, a weekly top idea, weekly macro insights, monthly videos, and access to David and his community via chat. Learn more.Analyst’s Disclosure:I/we have a beneficial long position in the shares of F, VZ, T, BAC, IRM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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