RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Thoughts on Q2 2022 Results? My concern is mostly macro related. I think the possibility of a recession over the next 2 years is possible as higher interest rates will kill the demand side while the supply issue may never get resolved easily.
Im not so worried about the company's debt situation as their cash flow can weather the storm if a recession happens.
Now we have the s&p 500 in an official bear market which started in November. Historically, these bear markets can last close to a year on average which would imply that we are about halfway through with further downside ahead. I have a 10% cash position and I may sit on it unless I see a really good opportunity.
I did purchase 20k shares at 50 cents today.