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Business
Steve Reitmeister

Investors: Wake Up and Smell the Pain (Part 2)

US Federal Reserve Powell Spy Economy Inflation Recession CNBC Reity

After the famed Chairman Powell speech from Jackson Hole in August investors got the memo that the recent rally was unfounded and time to start selling stocks once again. This prompted me to write this article, Investors: Wake Up and Smell the Pain.

Wednesday’s Fed announcement and press conference feels very much the same. That being investors getting ahead of themselves with a 9% rally in October before Chairman Powell lowered the hammer once again.

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