This is interesting fact.. This week, my employer (large $1.5 billion revenue company supplier to package goods) announced a price increase called it "inflationary" for the first time ever..
I did think there would be a budget fight.. However it turned out to be no fight at all.. Congress passes spending bill. Will a debt ceiling fight happen on Feb 7th? I doubt it.
Hard to say. I am not long here.. I have averaged down to under $16 but still on the wrong end of this trade by about 4%.
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