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re: US CPI data release today
Posted on 2/15/23 at 7:09 am to go ta hell ole miss
Posted on 2/15/23 at 7:09 am to go ta hell ole miss
quote:
They are so scared to hurt the stock market
I don't agree with this point. I think they have been trying to deflate the market.
The market just doesn't want to listen.
The "don't fight the Fed" language used to rationalize the escalation of value from March 2020 onward should have lead to values decreasing from November 2021 onward if the Fed actions were really determinative of market valuations.
Posted on 2/15/23 at 7:51 am to molsusports
quote:
The market just doesn't want to listen.
+1
Posted on 2/15/23 at 2:37 pm to molsusports
quote:
The "don't fight the Fed" language used to rationalize the escalation of value from March 2020 onward should have lead to values decreasing from November 2021 onward if the Fed actions were really determinative of market valuations.
Where have you been?
The Nasdaq - home to most of the overvalued stocks - is down 25% since 11/21. It was down over 35% at peak longer term rates back in October.
Don’t fight the Fed is still alive and well.
Posted on 2/15/23 at 7:42 pm to molsusports
quote:
The market just doesn't want to listen.
Every bearish sounding poster in this thread is still contributing 10%+ bi-monthly to their long mega cap fund with a 5% match from their employer. The market isn’t what it used to be and the government reaction has adapted as well when things go bad.
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