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Pastimes : The Philosophical Porch
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To: Real Man who wrote (19856)12/13/2023 11:42:50 AM
From: Rarebird  Read Replies (1) of 26251
 
Market is oversold so a pull back would not be surprising. However, breaking an illusion is a very hard thing to do. I would put some faiths in that category.

So, tell me, when is the illusion of rate cuts going to break? Why now, rather than SPX $5500-$6000?

Plus, as I said before, a pause is much more bullish than a cut when Powell says the economy is doing mighty fine.
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