First entry for the month of April. We are already in Spring of new year! Flowers blooming all around and weather starting to turn pleasant! In terms of markets, volatility is name of the game. All the talk in past few days has been around yield curve inversion and what it forebodes! Personally, I am looking towards a hefty tax liability upoming and it will certainly put a big dent in cash portion of my assets!
Second Update for April: Its been a brutle and volatile week in the markets and again Mr Musk is in the news with his unsolicited bid to take Twitter private. Some big tech is getting quite attractive and if only I did not have a hefty tax payment coming up.. would have been a great time to get into some bargains!
Third Update for April: Its been a brutal week in the markets! At stock level, FANNG should may be reclassified now as ANG or GAN... Facebook and Netflix got shalacked.. hitting multi-year lows! Interestingly for the first time since 1994 that both stocks and bonds are in the red simultaneously.. lots to worry about.. inflation hitting peak, war seems unending, china lockdown continues, interest rates flirting with 3%, housing stats slowing, mortgage rates hitting highs not seen since 2011... it all seems doom and gloom!
Final Week of April: Lots of statistics shattered in the last week of April. S&P 500 down 13.3 % for the year todate. Its the 3rd worst start to a year in history! Nasdaq has officially entered into bear market, 20 % down from its peak. I have seen my networth drop 5 % from where I began the year! |