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Thursday, 12/01/2022 11:07:21 AM

Thursday, December 01, 2022 11:07:21 AM

Post# of 19426
I think this article has it about right. Although IMO how low we could go is still up in the air.
The markets are seeing some tailwinds because of what Powell said this week about a .50 rate hike instead of something more.
Gold and silver are benefitting from the new optimism too, the dollar is down.

I think that changes by Q1 of next year. There are too many negatives coming in 2023 that should weigh heavily on the markets and curtail a higher move in them. I wouldn't expect PM's to act real positively in that environment, so I don't expect us to go through our old highs in the near term. JMO

https://finance.yahoo.com/news/jpmorgan-strategists-see-us-stocks-095512647.html
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