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Classic “Buy the Rumours, Sell the News”

Expectation: Market rallied previously because investors thought inflation has cooled and Fed was less hawkish.
Reality: But Fed remains hawkish and inflation remains hot

And there you go - stock market went down like a waterfall. Have mentioned / cautioned a lot of times that we are not out of the woods yet. Hope bulls weren’t trapped too badly. Follow the macro environment, and look for tell tale signs.
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Successful investing is about managing risk, not avoiding it. DYODD Support my YouTube channel: Jay el
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