my take - the quantitative tightening we are witnessing, while much needed, is also unsustainable. powell will get his ear pulled whenever dc gets too uncomfortable with the rising rates on their debt. should see another brief rally when the fed gets the orders to stop raising rates... but after all this happens it will ultimately trigger another even larger crash.
if you're a game of thrones fan just replace winter with recession and you'll get the idea. just have to prepare for it.
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12·12·11 回 RIP Turd Haley
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