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Business
Jaimini Desai

Bear Markets Are Never Easy….Not Even for Bears

Inflation Liz Truss United States Spy United Kingdom Bank of England Jaimini DesaiJaimini Desai

(Please enjoy this updated version of my weekly commentary originally published October 13th, 2022 in the POWR Stocks Under $10 newsletter).

Over the last week, the S&P 500 (SPY) is down by 2%, although it was down by nearly 7% at today’s lows. The major catalyst for market weakness was a potential financial crisis in the UK.

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