Haven't invested my ISA money from this month yet. Think I'm just going to accumulate cash for now, at least until the next mini-correction with a few days of red. Still just dumping my SIPP into SMT for the rest of this year.
It doesn't feel like the markets have priced in the reality of every single household in Europe being several thousand pounds/euros out of pocket, or Germany's industry shutting down, rolling blackouts etc. It would appear the markets are buoyant because the economic outlook is so dire that interest rate rises are likely to be softened earlier.
But meh, I'm just getting as much money squirreled away as I can. Long term, buying in these downturns pays off.