Bear Market or Recession? I say Recession

According to Marketwatch, we are on the brink of an actual bear market.

Given the current inflation rate, the Fed will be forced to increase interest rates again in June. My guess is at least 25 basis points. Personally, I much rather have short term pain at 50 basis points to bring inflation back down to earth.

However, there is now doubt that we are in a recession.

This is not investment advice. My whole plan is to DCA (Dollar Cost Average) for the next several months. Even if it takes a few years, this is when real wealth will be made.

Looks like a green day. Let’s hope it holds.

Got some fills at the $28,000 today.