To Sell or not to Sell? The stock market is uglier now

Dear Ben, our stock market is indeed looking uglier now. The Dow has dropped to a new low this year. To sell or not to sell? That is the question now.

You see we can't do investments when the Fed can waver between inflation and growth. It was just last month when the Fed was telling us about how bad the economy was, how risky recession was and how the market desperately needed another interest rate. The Fed even told us their expectation that inflation should moderate. Well, what happened yesterday appeared to be an absolute U-turn. Are they going to raise interest in the next meeting? Are they going to talk up the USD? Are they going to legislate to curb high oil and food prices? Only God knows but clearly, many are confused!

Dear Ben, everyone knows you have a difficult task but life is never easy in the first place. There is no space for neither here nor there and absolutely no neutrality in these critical times. The whole global economy is watching and we must have a clear direction now. Yes, any decision may turn out to be wrong but we still need one now:

• To cut interest or not to cut interest?
• To raise interest or not to raise interest?
• To sell or not to sell?

Mr. Hamlet, you are still our living contemporary in this 21st century and our human nature has not changed.

"There is a special providence in the fall of a sparrow.... The readiness is all".