Fed is hawkish still. More pain to come.


Powell says window for soft landing has narrowed because we haven't seen inflation coming down to extent fed had hoped; Says inflation picture has become more challenging over course of the year.

I’m definitely not selling my positions but I’m going to be buying 3mo bonds/cds for now.

Fidelity has fractional cds starting at $100, 3.8%, 3mo maturity. If you can’t meet the $1000 per bond/cds usually required.


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