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Reply to "Dow below 40000 by end of the year "
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[quote=Anonymous]The S&P 500 is down 7.4% from its prewar high. The reason it's not down more is because the market expects things to settle down soon..if that does not happen, if this drags until.ghe summer starts no doubt an additional 20% drop is likely. Lots of things like medicine depends on petroleum products. Some part of the world like Asia and Western Europe can't continue this way based on whatever reserves they have. My only advice to people is keep investing but also keep pumping money into HYSA because the next Fed Chair will unleash a massive bazooka of cheap money to his boys on wall street. They are salivating and can't wait until the guys come in because he is absolutely going to keep cutting rate and decimate your HYSA rates. They don't want ordinary people earning whatever small interest they are earning on their HYSA. They want to force everyone to take the same risks as them and sink together with them. Next time note better Idiots.[/quote]
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