We didn't have covid-Russian aggression-Chinese aggression-cyber attacks-record debt per capita-US debt ceiling. The FED cannot raise rates or they'll crash the economy, they cannot print money or they'll fan inflation. They have no choice but to let the market deflate to cool inflation. The only reason we haven't crashed already is because the FED had to support the market to get through covid and the banking crisis. Will be interesting to see if the FED takes their foot off the interest rate pedal, I don't think they will, but they may pause. Germany in a recession but trading near all time highs, UK drowning in debt and inflation and trading at all time highs, 1930's had similar features, but there are more potential black swans in 2023.
you're right about A-holes and opinions, everyone has one
We didn't have covid-Russian aggression-Chinese aggression-cyber...
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