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Month: March 2023

3/23/23 Rates Up, Stocks Down, Bears Are Missing Something

News: On Wednesday, Stocks opened near flat and treaded water ahead of the much-anticipated Fed announcement. At 2 PM, the Fed announced a 0.25% rate increase, raising levels to 4.75% – 5%, the highest rate since 2007, before the Great Recession. The Fed acknowledged the banking crisis … but essentially said they’re not paying it …

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