Cash it Trash… Thanks Fake President Joe

Right now, increasingly many investors are selling their stocks and returning to cash.

It is very tempting to do so when you consider that…

We are likely headed into a recession in the near term;

Inflation is at a 40-year high and seemingly out of control;

The Fed is desperately pushing historically high rate hikes;

Russia is invading a neighboring country and risking a 3rd world war;

We still have a global pandemic and major supply chain issues.

… And consequently, the market is also becoming very volatile and it is clearly trending lower: