I’m not sure what this is, but the current state of the market defies all logic. First off, we have an inverted yield curve, inflation that’s still bonkers, and an impending recession. Traditionally, that’s enough to scare an old school investor, but it seems like we’ve ushered in a new era of “it’s priced in”, when in reality, you can’t price in the unknown.
To add, if Jerome’s idea of “soft landing” means pumping the market to lessen the blow of an actual sell off, as we’ve seen multiple times already. We’re in for a world of pain imo
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