Posted 9:00 AM ET – In the last few months I have outlined a myriad of issues that are plaguing the Market and they are growing, not subsiding. Inflation, war, rising interest rates, supply disruptions, a deceleration in global economic growth, a resurgence in Covid-19 and drought top the list. These issues will not be easily resolved and they will impact corporate profits. After a 12-year market rally the market bid remains strong and investors are conditioned to “buy dips”. This battleship is hard to turn. As the selling pressure builds, that temptation to buy dips subsides. That means the market …