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Unusual Whales Pod Ep 16: Macro Outlook for 2023, the Federal Reserve in 2023, and the January 6.5% CPI Print

Unusual Whales

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Equity of All - 2022 - The Market Isn't Ready for It

The 2022 was marked by over hedging in the equity fall complex equity index complex institutions were massively long put in their portfolio. It forced a massive rotation across the market what it did in 2022 is it forced amassive rotation. If we get a second leg down which in my opinion will likely be much more volatile than the first leg down this is what we historically see under these circumstances. More of a correlation one negative beta of the growth kind of area will likely underperformance.

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