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[quote=Anonymous]The crux of the issue is this: the doomsayers think the Fed is hell-bent on raising rates quickly and to outrageous levels to kill inflation, the economy be damned. The more optimistic crowd believes the Fed can moderately reduce inflation and growth as worldwide structural issues unwind. The latter is the Fed’s stated position, but market commentators want you to believe that the Fed must do the former. Thus, the commentators say sell, sell, sell. Truth is, the hedge funds were terribly wrong about the pandemic (totally missed the equity run up) and now want revenge on retail investors. They’re going to be wrong again. [/quote]
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