I was asked a question in my inbox by a member so I will clarify publically. Remember this board is not "Caine opinions only". I should try to say everything I gotta say and take up less real estate no doubt there. Getting to the question I was asked to clarify....Too much cash circulating and too much spending creates much higher inflation. Basically Higher inflation demolishes spec stocks like Tilray Brands. People run to higher yields and blue chips, safe bets. Yields go up stocks come down. Back when the feds were printing cash non stop at zero interest everyone had cash on hand spending and spending and inflation went through the roof. We live in a world where sadly not everyone can be well off. It's a fact a large portion of society needs to remain cashless and a slave to banks for it to function (that's for another board somewhere someplace to discuss). Regardless with higher interest rates at fast pace, banks tightening loaning policies and the feds not injecting as much cash into the system. It created an environment of a lot less spending and savings with Americans. Less cash circulating, less spending, less inflation. That could play in our favour tomorrow and off set the numbers. I don't know or there may be an "uptick" they all scare people with and rob retail money because retail investors are laughed at in Wall Street called "dumb money" until enough of us smarten up.
https://www.cato.org/commentary/retail-investors-are-revolutionizing-stock-market-so-stop-calling-them-dumb-money