Is it just me or has the market gotten dumber? Maybe it was a 10-year bull run that has clouded investors' minds, but I am kind of at a loss.
Inflation is everywhere you look. My Chipotle bowl (the same one I have been ordering for years) went from $10.00 a bowl in 2019 to most recently $14.00 a bowl. It doesn't take a rocket scientist to tell you inflation is up.
Instead of selling when inflation is high and buying when you think the Fed is going to reverse its stance (newsflash: they're not), why not judge stocks on a quarterly or even yearly basis?
The real answer is most of the money in the stock market is not buy-and-hold investors but traders.
Don't get sucked into the short-term mindset of trading macro events if you are an individual investor. Judge companies on their yearly performance and ignore the noise.
This reminds me of that one research paper I read (totally have to find it) where they looked at investing in low book value stocks between a 1 to 5 year period. The highest results were from the 5 year period - but no one wants to hold for 5 years 🙃