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Relative Strength

The Compound and Friends

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The Effects of the Fed's Rate Hikes on the VIX

The VIX got as high as 35 and a culvert. You do not need capitulation. We can certainly grind sideways for a number of years. I could make a strong case that we're in a period like the 70s where we have a period like 2000 to 2010. It's gonna be the labor market and homes that are gonna hold the consumer in there while the stock market rallies.

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