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Slouching Toward Crypto Winter

The Breakdown

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Are Rising Rates Having Any Impact on the Economy?

The fed decided to raise rates by a larger than expected, zero point seven, five %. Equities in the united states are officially in a bare market. Consumer sentiment is currently at its low level since they began collecting data in november of 19 52. The closest lull in consumer sentiment that we have seen to these new record lows came during the 19 80 recession. It seems like theyi're giving themselves outs if something in markets break or if a painful recession really sets in even before inflation happens.

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