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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: rcksinc who wrote (33785)8/18/2021 3:16:30 PM
From: Lee Lichterman III4 Recommendations

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ajtj99
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towerdog

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I also saw in it that they were forecasting GDP growth to slow in 2022 and further in 2023. Some members talked about concern that their accommodative policy was fueling speculative asset valuations. They also said all 3 asset classes, stock market, housing and corporate bonds were at the upper valuations historically.
Of course they didn't say they'd do anything about it. They never do. Still, it could almost be compared to AG's "Irrational Exuberance" if the market were to key in on it. I doubt it though because like I said, they never do anything about it.

It's a long read but here is the link if you want to see it...
federalreserve.gov
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