inflation, recession, stagflation

What is inflation?
This is an increase in service/product prices over the past year. For example, you could buy a chicken burger for $2 in 2020; now it costs $4.

What is a recession?

In layman's terms, the economy is not doing well, and GDP is falling.

What is stagflation?

Stagflation means that the economy has been stagnant, inflation is high, and the employment rate is low.

Where are we now?

Yes, we're in a red bear market right now. Since January, the Nasdaq has fallen by more than 30%. When we're in a bear market, inflation and recession are words we hear a lot. I think we're in a phase of stagflation right now. Consumer spending has increased slightly in the Fed's latest update, but there is still a big gap with the pre-Covid era. The unemployment rate is relatively high, and the current inflation rate is close to 8%.

Should we still buy the dipping sauce?

Not everyone can time the market; it really depends on how much risk you can take. The greater the risk, the higher the reward. Judging from the chart, we are currently about to see a double bottom. I personally invest for a long time, so I can take risks by continuing to invest.

There are many rumors that the US market is dying out. In fact, the market is not performing as well as it should. In this case, a small position on the right should be relatively safe.

Let's keep investing and welcome a bull market when we see some metrics and good news