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DarthYoda

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DarthYoda

Re: DarthYoda post# 21373

Tuesday, 09/20/2022 10:57:05 PM

Tuesday, September 20, 2022 10:57:05 PM

Post# of 21475
IMO, all those cannabis stocks, and more, have the same chart because the central bankers run the show. Tomorrow is Fed day. 75 basis points? 150 basis points? It seems that "the market" may be happier with higher rate hikes, even if it is counterintuitive to normal people, because "the market" is mostly made of bankers. Cannabis stocks could respond as well. We shall see.

"‘Rip off the Band-Aid’: Wells Fargo makes case for 150 basis point hike at Fed meeting":
SEP 20 2022
https://www.cnbc.com/2022/09/20/fed-should-hike-interest-rate-rates-150-basis-points-wells-fargo.html
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