Delta variant has been wrecking the world and although reported financial figures are looking good but it was from a backdrop of last year's major covid downfall of the markets.
Many downplay the inflation risk in coming year but on the ground, looking at companies procurement plans and material costs. Everything is on the rise where transportation/logistic costs are up by abt 30% and raw material costs up my a substantial amount too due to chip shortages etc.
Even recycling companies are raising their prices for taking in scrap materials such as metals and electronic boards as well as computer chips. These recycling prices have rose abt 30-40% per kg.
All these amounts to general inflation around the world but markets are making ATH still. IMO this is a dangerous time to be fully vested. Though there are good oportunities in MEME stocks as well as Chinese stocks in the CN or HK market (avoid ADRs), now is the time to realise some profits and hold some cash or carry them into safer assets that generates short term income and wait for the impending crash to happen before evaluating your options.
These are just based on my own research and experience, i am not a financial or investment adviser, just average joe trying to increase wealth through investing. :)
Long term commitment stocks for me are:
$Palantir Technologies Inc.(PLTR)$$Tesla Motors(TSLA)$$Atlas Crest Investment Corp(ACIC)$
Opportunity mid term investments are:
KWEB, HST and FXI.
Good luck and invest safe!
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