Jobs report was too good. Will have to get more aggressive with rate hikes to curb inflation. This market is cooked.
Now that the banks have flushed out every long position there will be a huge bounce after the FOMC next week. Bet your mother's house on it.
Yes, the cheap money is being forced once again into equities. The buy level is there somewhere, going to get really volatile as the election...
J.Powell got on NPR and it was reported around the market close that rates would have to stay low for periods measured in YEARS. Haha! Gotta try...
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