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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 687.01-0.1%Dec 30 4:00 PM EST

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D.Austin
Drygulch Dan
GROUND ZERO™
POKERSAM
To: Sdgla who wrote (183105)12/31/2022 10:40:53 AM
From: Machaon4 Recommendations  Read Replies (1) of 220907
 
Sdgla

Optimists may point out that the rate-hiking peak is on the horizon, possibly in March, with money markets expecting the Fed to switch into rate-cutting mode by the end of 2023.


Our corrupt government just passed a $1.7 trillion dollar budget. That's a lot of money going into the hands of the most untrustworthy among us. Many friends and family members within our government are going to become overnight millionaires.

That $1.7 trillion dollars is going to stoke inflation not reduce it! The Fed would have to cripple our economy to get inflation down. That doesn't mean that prices will come down, only that inflation might slow down.
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