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https://apple.news/AinMiJnJUTiqMv-M71fFxkA

Nothing in the real world suggests an imminent problem of major proportions. War in Ukraine could certainly be another shock; a new COVID-19 variant could be as well. But unless and until credit markets start to break down or employment sharply erodes or inflation truly gets out of control, these market moves are as incidental as some of the moves up where last year. And none of the reasons for this self-off preclude a climb back given such robust real-world dynamics. Above all, in times such as these, beware those who speak with oracular certainty. The world is far too fluid to be so simply predictable.

 

*Patience is a virtue. 

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