ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Lee Lichterman III who wrote (77503)	3/15/2023 2:57:55 PM
From: The Ox	4 Recommendations Read Replies (1) of 98469

No matter how you look at inflation, falling oil and gas prices help the economy much more than they hurt (with the obvious exception being the oil/ng industry). The services side is important but it was being pulled up by commodity inflation/cost of goods and inflation will be eased by falling prices. The FED has now done the bulk of their job and many of out here have been saying this without Powell and Co hearing us. The rate of hikes was too far to fast, regardless of the fact they started to late and were trying to make up for this oversight. They insured there would be pain and we may just be starting to feel it, as anyone long the financial industry has found out this past 10 days. Maybe they will finally listen to the markets and not only have vision on backwards indicators? We'll see...

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