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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 (82310)10/22/2023 11:56:13 AM
From: ItsAllCyclical1 Recommendation

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Lee Lichterman III

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I agree with your points and the direction of the 10 year. I strongly suspect it's going to get worse (for the markets), before it gets better.

However at the end of the day Powell/FED does not care about the markets. If they need to crash the markets to make the debt/US appear solvent again they will ultimately do so. Obviously they'd rather slow walk things down but if push comes to shove they can get rates lower again w/enough deflation. I make no predictions on timing of this, only that it's required at some pt.

I also agree w/Brent J (Dollar Milk Shake theory) that says before the Dollar can truely have problems (as the worlds reserve) we need a spike higher given the world's debt is mostly denominated in Dollars. That will set up lower rates (for a time).

ST the fact that the 10 year could only dip to 4.55 on the Hamas attacks was very telling.
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