The talk of the town in 2022 was? Inflation. No prizes for guesses.
Every Tom, Dick & Harry “predicted” market to go down because of rising inflation & recession (still waiting when it’s coming).
To everyone’s surprise, market hit all time high in 2022. Despite the high inflation.
And I boldly wrote in my blog dated 26th July, 2022 that I see new highs when everyone was looking for a breakdown.
As of yesterday, inflation is indeed at 12 months low & expected to further cool down.
Market discounted these things in June-July 2022 itself.
Inflation, suddenly, seems no more an issue.
Independent thinking once again rewarded rather than following the herd.
Think. It’s not illegal yet.
