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Wednesday, 12/14/2022 7:06:50 PM

Wednesday, December 14, 2022 7:06:50 PM

Post# of 232825
Sooo…Chairman Powell raised the fed rate by 0.5% today…..he also indicated that the rates will continue to go up in 2023 but at a decreasing rate. There will be no interest rate decreases in 2023.

With these inputs, the rate of inflation will plateau and perhaps decrease slightly in some consumer areas. Earnings will be under pressure but P/E has room to expand at the prospects of a more accommodating FED.

The stock market is a leading indicator…anticipating the economy by 4-6 months so it should strengthen in mid-2023. There is plenty of room for a significant rebound….and hopefully LQMT will be a participant.

If hope is a plan, we would all be rich.
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