Sven Carlin, author at Seeking Alpha, discusses the market volatility we've seen over the last several weeks and whether now is a good time to buy.
Carlin says that any investments should be looked at from a risk/reward perspective, adding that there is too much risk right now to buy. He discusses comments from American investor Ray Dalio who said that there is a 70% chance of a recession in the next two years. Carlin says those who have made a lot of money from the markets recently should sit on that cash until things settle down.
He recommends that people invest in commodities, hard assets, and cash for the time being.
As inflation-weary consumers cut back on dining out, brands like McDonald’s are relying more heavily on celebrity and influencer endorsements to move the needle
Plus, Starbucks reported its first quarter of declining sales and earnings since the pandemic, Biden tries to tackle the national debt and Warren Buffett is set to host the annual meeting of his investment firm Berkshire Hathaway.
