JAY-P told you today he's cutting asset Purchases for the next 2 months then he will start raising rates.
he works one month at a time. No emergency plan if the market crashes.
He thinks even a falling market is too high.
If the market crashes you're on your own,
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We're barely 10% S&P 500 off highs. I don't know why everyone is upset about it. 20-25% correction should be normal after this fast & furious run up.
In Powel's defense he had to choose inflation affecting regular folks over stock market serving well to do.
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