Updated: Aug 31
US Indices finished in deep red today with fears of rate hikes sidelining drop in oil prices and continued Covid lockdown in Shanghai. It is not clear to me if this is speculation or some folks actually have visibility into whether or not the economy will go into a recession. In any case, I remain cautious as there is no doubt that there are a lot of uncertainties for the short-term. For my portfolio, I'm still closely watching for "inexpensive" tech and bank stocks that seem to have long-term potential. Speaking of tech, Elon Musk decided to not join the Twitter board. That makes things even more interesting there.