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KellyWML

High oil prices have led to high inflationary cost pressure across all sectors, affecting businesses and industrials. Defensive strategies are also at all time high valuations,  which had already being position taken earlier,  so be cautiously investing  during this tough times.

High tech companies and their's supply chains continuously dominate the market, which are only key drivers, and the money flows toward them are over concentrated. Things will turn around if their earnings do not keep up with the investment commitments. 