September 16, 2022, 10:52 am EDT
Global Economic Slowdown
Global economic slowdown or recessions seems unavoidable. FedEx Corp (FDX) tumbled -22% after the warnings, a wake-up call for the coming trouble everyone must face for 2022 and 2023.
The meeting between Russia Putin and China Xi serves as another signal for the union of the two major powers in the world. Although Russia and China have their own problems, their cooperation threats US-Japan and European countries coming confrontation at the military levels. Of course, once the conflict starts, it means World War III.
The US faces tough inflation trouble as Consumer Price Index stayed at high levels above 8% for months. Rising rates, falling housing prices, and coming layoffs will intensify in the months ahead. Currently, there is no sight of solutions for the next 6 months that the direction will change.
The past 20 years of globalization creates big bondage between all nations where the troubles are going to arrive all without exceptions.
The best strategy is to stay alert by lowering investment risks and raising cash levels to stay safe through the storms.
