No doubt Coppers are tired of my continual posts about markets displaying all the symptoms of Al’s irrational exuberance.
The Fed chair poured cold water on that, when he said the world is in for a slow and painful return to pre-CV conditions.
IMO, I believe the Dow, S&P and Nasdaq will retrace back to mid March’20 levels, maybe worse.
I believe the principal impact of this will be a delay in the adoption of Akida, but it won’t stifle it.
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