Fisher: Uncertainty Is Sky-High, So Buy Stocks Before It Fades

How long will Shanghai and other cities’ Covid outbreaks last? Will astronomical oil prices slow China’s already sluggish growth? What about tech crackdowns and U.S. delisting threats? Rising global inflation and interest rates? Impacts from the war in Ukraine? Or, November’s American mid-term elections? Early 2022 ushered in seemingly ubiquitous uncertainty — which stocks famously hate. But don’t despair. The first-quarter fog — now pre-priced into stocks — will lift this year, catalyzing Chinese stocks’ long-awaited rebound. Don’t fear today’s uncertainty. Embrace it as a chance to buy before the haze clears causing stocks to rise.