re: Is October when the bottom falls out of the market?

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Until the Fed pivots, there will be no up.

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That may not happen until 2024, depending on how the market reacts next year. The Fed has stated they want the Fed Fund Rate to be at 3.8 by the end of 2023. A ~.5 increase over the course of a year is going to seem like mana from heaven after these successive .75 increases in 2022. I think the market will be up with the first pause of 2023.