Quote:
Originally Posted by scho63
Saw this coming from a mile away.
We will have a 6-9 month recession that will take multiple fed cuts to flush out.
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To be fair, their primary focus has been on getting inflation down - not boosting the stock market - and they seem to have accomplished that for the most part.
It's been a bit surprising that the stock market has continued plugging along over the past year in the face of some pretty negative economic indicators, so we were probably due for a pullback.