March 7, 2022, 12:33 pm EST
Warnings for Storms
Warning signs appear in many places where major storms are coming. 40 years high of inflation and the first major war in Europe after 80 years of World War II threaten the fragile financial markets significantly with over -2% down in major indexes at this moment.
Please note that this could be the beginning of major disasters for months or years to come. Russia-Ukraine is simply the triggering event that reveals all problems from the US, Europe, and the whole world in terms of politics, economy, and military.
Technically, the breakdown with new local lows means that the major downtrend and sell-off are coming. High volatility is expected. Thus, raising cash levels in shelters (meaning fewer holding positions) could be a good decision if you do not know what to do with your portfolio.