The fed has made it clear they will continue to hike rates, and keep them there for longer, The Theme for 2023 is US Recession, the terminal rate is now closer to 6%. The Santa rally have made a top and this sets up 2023 for a big year. If currencies can take out the Covid Low nothing stops stocks from doing the same. the next stop for me is 2800 and lower. its bearish all the way.
Enjoy the holidays will be back in January.
Enjoy the holidays will be back in January.
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