Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 31.73

+3.0%

Nov 21 4:00 PM EST

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To: threedrives who wrote (172500)	4/27/2022 1:44:02 PM
From: #Breeze	6 Recommendations of 206986

The Fed has become a political institution. The markets have done its dirty deeds: higher interest rates, decline in financial assets. Inflation started as a lack of supply not rise in demand driven event. It's made worst by Russian sanctions and China lockdowns. Geometric rise in fertilizer costs with shortages as a result of Russia sanctions means higher agri commodity prices. Ditto oil and Natgas. As prices climb demand will decline except for food and energy for the working class. It will intervene before the midterms. Soon the WH will call him and tell him no death spirals before the midterms.

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