re: What do people think about the market since Powell’s comments yesterday?

quote:

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We are definitely beating inflation

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Slowing it down, yes. But the damage is done. Lower and middle classes effed again. But it's great for my investments!

Beating implies it's no longer a concern. Either A) wages catch up causing more inflation or B) earnings come down when the bottom 60% of earners are tapped out on debt.

Not sure how these options are "beating" anything. I would love to hear a more optimistic assessment though.