A lot of people think that this hyper inflationary period was going to come to an end fairly soon because of the fed notching up interest rate so aggressively. And as we record this, we just got a number that shows that inflation this last month was still a very high number for the last 12 months but lower than it had been the month before. Which also means that if down markets reflect recessionary periods, that we may be closer to the bottom of a down market than we are to the top.

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