4th quarter 2022. “Recession”. An impending shift in interest rates on the horizon with a possible recession not fully reflected in prices. The coming quarter might clarify things.

3rd quarter 2022. “Pivot or not”. Interest rate policies aimed at combating inflation and are fueling the potential for recession. China without lockdown could cause favor further inflation.

2nd quarter 2022. “Summer peak.” Inflation has reached record levels and markets are pricing in further interest rate hikes. A slight shift in expectations and a bear market rally could be next.

1st quarter 2022. “Turning point.” The conflict with Russia is exacerbating existing trends and more: it is further driving inflation, consumers feeling the pinch, profit margins being squeezed.

4th quarter 2021. “D-Time.” With year-end inflation definitely takes a prominent role withcentral banks being forced into action which deprives stock markets of capital – nervousness is increasing.

3rd quarter 2021. “Wave Break”. Inflation on the rise plus October being a month of crashes favours cautious action. For Dome it reads like the beginning of the end of a bull market.