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The Bear Market Has Only Just Begun | Ted Oakley
Forward Guidance
Is the Federal Reserve Going to Be Cut?
The federal reserve is not going to come in as a super hero to save the day, he says. "We don't really believe anything the fed says," Ounmos adds. The Fed's track record of easing monetary policy has been very poor over the past 10 years and it won't be any different this time around,. He predicts that tech will be hit harder than other sectors because people are hung up on companies that aren't making money.
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