If Fed continues to hike AND shrink balance sheet therefore doing demand destruction then credit will be So Tight that US economy will contract and present recession will become a Depression.
Such a conditions could make Nasdaq drop another 20% and SPX another 12% from present levels
Such a conditions could make Nasdaq drop another 20% and SPX another 12% from present levels
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.