Say goodbye to the last 13 year bull run.
People are not going to like where the US equity market is heading before we see any sign of a reversal.
A 5.66% drop in the market just last week and heading for another massive drop over the coming week. My estimate is another 12%+ down this week before another small leg up.
US federal reserve will most likely raise rates by 0.75% this week and will signal rate rises for the remainder of the year.
The inflation genie is out of the bottle and central banks will struggle to contain it.
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