Short term pain across the board for small caps, i dont see...

Short term pain across the board for small caps, i dont see anything special in recent HCH trading, plenty of good opportunities and alot of good companies are undervalued. Most will continue to stay undervalued for rest of the year atleast IMHO but personally I'm still bullish on explorers for key future metals. Alot of cheap money been handed out in particular last two years so that needs to be reigned in and it will take time. IMHO covid was some what of a convenient excuse for most central banks to drop interest rates abit too much, and closer to home our last government went abit over the top with tax cuts and business grants so the hangover has to kick in eventually to bring us back to reality. Job keeper was great to keep alot peoples head above water but overall its been too easy for people to spend up big and well beyond their means, crypto scams are case in point.