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Is the Fed Attacking the Economy?
People saved so much money during the pandemic that there's a little bit of excess cash burning a hole in their pockets. As long as you're employed, i don't know, i think we'll just limp along and figure a way out. Investment portfolios are starting to tank in the short run, but you should not be owning a portfolio for the shore run. The short run is ugly. I mean, my min that worth is down a third or something, which is pretty painful.