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2min chapter
Is a Bear Market Imminent? | Tom Thornton
Forward Guidance
Introduction
Tom Thornton is founder of Hedge Fund Telemetry. He says the last few years have been shallow and short-lived pullbacks, meaning that you basically wanted to buy the dip. Now it's changed because now we have an inflation problem,. And the Fed is now backing off of QE and will soon be raising rates. It's never easy for a central bank to raise rates. You want to be a central banker when you're cutting rates.
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