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If Fed rates now a nothing-burger until 2023, does market continue partying until they run thru the cornfields with hampers on their heads? Possibly.---Of course, in the markets, we look ahead, and perception is reality.So if perception is that inflation is rising and rates will go up in 18 months...hmmm.Not sure Dec 2018 provides any clues here. Market plunged and bottomed after 4th rate hike of 2018. But after that it went up sharply thru Summer 2019.Doom
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