Inflation is through the roof.
Thereβs an oil crisis. A looming food crisis. You name it.
War is raging in Europe.
Russiaβs president is starting to sound unhinged. And headlines are now linking him with chemical weapons andΒ nuclear weapons.
Ohmyhgaad- Ohmyhgaad- Ohmyhgaad!
Things are so bad that stories which would normally be front page newsβlike the waves of Covid cases and deaths, China locking down cities, and North Korea firing off long range missilesβbarely rate a mention.
Nuclear weapons?
No wonder stocks have been tanking this year.
U.S. consumer confidence numbers are at lows only seen during the global financial crisis and crises of the 1970s. Indicators like the American Association of Individual Investorsβ weekly sentiment survey, and the CNN Fear & Greed Index, show investors areΒ atΒ extreme levels of misery.
If youβre tempted to cash out the stock funds in your IRAs and 401(k)sΒ and hide under your desk, you are not…
