Shareholder returns are down more now than they were when the pandemic started because of the global supply chain shocks from the war between Russia and Ukraine. There is so much volatility right now and as you've seen in earnings report after earning report, companies are BLEEDING so much cash to just stay afloat. Strike that. Many companies would be HAPPY to be breaking even right now.

"On another measure, according to a McKinsey Global Survey of executive sentiment, the war has introduced considerable volatility in the risks that business leaders see to economic growth. In our March 2022 poll, geopolitical risk displaced the pandemic and inflation as the biggest threat to growth."