Taylor Report

Inflation may (may) ease a little because of a recession........or, the fed eases off on raising rates to offset a recession which makes rates rise. Neither is good for gold or equities.

What to do now? Get out of the way. You know what they say? Don't try to catch a falling knife. Well it's about to start raining knives. Just ask the crypto investors/traders how that feels.

Stay aware of what's really going on (recession possibility, rising interest rates, inflation, etc.) and reduce risk as needed. Bear markets do NOT end after only a few months (or just because you want them to).

The end of the second quarter (6/30) is coming up. Expect selling across the board. Funds will want to show reduced market exposure to their investors, who won't to be happy when they see their quarterly statements.

Listening to 'experts,' and telling yourself inflation has peaked, is like believing in the tooth fairy. Unexpected shocks (and there are many) have yet to hit. Just because they haven't happened doesn't mean they won't.

I understand the urge to buy a big dip, but bear markets don't end after a few months. Been there, seen that. Remember, the same people who said inflation was "transitory" are now saying they can manage a "soft landing."

NO SIGNS OF PANIC SELLING.....YET. INVESTOR COMPLACENCY HAS NOT BEEN FULLY TESTED.....YET. NOTE: BEAR MARKETS DON'T END WHEN YOU THINK THEY SHOULD. THEY END WHEN THE PANIC SAYS THEY END.

Lighten up on ALL positions. It may be a losing proposition, but cash is king/queen. Participate in market moves BUT with smaller positions. Volatility (yes, it's still lurking) demands reduced risk.

PANIC? WHEN MARKETS START DOWN, THE FIRST PEOPLE TO PANIC (AND SELL) ARE SMART. THE SECOND GROUP TO PANIC AND SELL COME OUT AHEAD. THE LAST TO PANIC? THAT'S WHEN YOU BUY.

Prepare and get ready for significant volatility. The downside is going to be major. Since BITCOIN has never gone through an interest rate spike and rampant inflation, it is hard to see how BTC and ETH will perform.