King, perfect storm is brewingLike you I am amazed, but we are looking at a perfect storm brewing, increasing covid cases in the US especially, south and south east. Inflation, supply shortages, labour shortage and wage adjustments. Nothing about company fundamentals matters except the view on whether any new contracts actually get started and paid for. Hunker down, it will get worse before better.
Cash will be the only risk free asset. outside of inflation.