I’ve fallen in love with image generation AI so from now on you can expect an image generated by AI on my blog illustrating my feelings for the post. Here is how I feel right now.
I am feeling a few gold coins drop from my investment ship suddenly finding itself in turbulent waters with crashing waves, strong winds and Zeus himself sending bolts of lighting down on my investment portfolio.
The S&P 500 is down from a peak of 4766 in December 2021 to a close today of 4117 for a drop of 13.62% which puts that into correction territory. Another 8% drop and we’ll be in crash territory which is why I’ve been preparing for a recession since it’s feels like 2007 all over again.
This will create an awesome buying opportunity but first we need to let the financial hurricane do it’s thing and clean out zombie companies so there can be consolidation and more profits for those firms that survive. It’s an exciting time to be an investor.