Friday Sept 23 2022
I did correctly suggest we wait and see the market reaction to the FED increase Wed. Now we have it. Long bond prices dropped 2 full points yesterday. March 23 T Bonds are down another point today, that is a big move for bonds. Stocks as noted have more or less fallen every day for over a week. More this weekend but we are setting up for an eventual low in 2024, a lot lower than we are now in stocks.
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