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When market will pivot
An honorable member of the Coffee Shop Has Just Posted the Following:
Current market expectations for path of Fed Funds Rate... -November: 75 bps hike to 3.75%-4.00% -December: 50 bps hike to 4.25%-4.50% -Feb 2023: 25 bps hike to 4.50%-4.75% -Pause -Rate cuts start in Dec 2023, continue in 2024 market should take off once rate stop hiking. will fly when rate is cut around dec 2023. Historically on average bear market last around 18 months, we already into the 10th months. Those in the red......ENDURE..... Click here to view the whole thread at www.sammyboy.com. |
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