Last Correction for the Year and then we go back to sub 3% IR.
Updated
We should see 1 more last correction during the holiday season before President Trump gets inaugurated. This might be one of the last golden eras where a president suppresses interest rates one last time to try to make the economy flourish again in these next 4 years. These last 4 years was a repeat of the 1970s great inflation with Jimmy Carter except now its with Joe Biden but instead of Donald Trump having a Paul Volcker fed chairman he has a very indecisive Jerome Powell whom will just kick inflation further down the road (via cutting interest rates back to sub 3%) for the next Fed chairman to deal with in 2026.
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We should see a 7/8% correction in the coming weeks. Stock Market is ignoring all bad news this week amusingly. I would not be surprised if we get a 5% correction in one day in the next 2 weeks. Something has to give out.
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