Friday, August 25, 2023

JP stood determined to fight inflation ...

market took a plunge, but didn't penetrate last Friday low .. so its a turnaround ..!

Aug 18 low still stands ... as projected ..!

funny thing is, in 2022; Aug 18 had a market high, which started a 20% drop ... which caused fear this year, human nature, but the outcome will be exactly opposite this year ..!

expect the unexpected or better Do not expect anything in first place ..!

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you don't need to be a PhD in economics ...

to solve an economic problem ... & there are 100s of PhD working at Federal Reserves forecasting an inflation in future due to tariffs ....