This is a rare case where I actually disagree. Recession is inevitable, unfortunately with geopolitical problems and some minor COVID outbreaks money printing for sure will not stop. So we are heading into stagflation with full force, this will surely bring recession companies will start reporting less income and this will lead to valuation drops. The market had never been able to calculate properly the war in Ukraine and is still ignoring its global economic consequences. What we see now is what would have happened without the geopolitical instability.
This is a rare case where I actually disagree. Recession is inevitable, unfortunately with geopolitical problems and some minor COVID outbreaks money printing for sure will not stop. So we are heading into stagflation with full force, this will surely bring recession companies will start reporting less income and this will lead to valuation drops. The market had never been able to calculate properly the war in Ukraine and is still ignoring its global economic consequences. What we see now is what would have happened without the geopolitical instability.
Thank you for sharing your thoughts and analysis.