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Weekly Market Recap: Bullish Technicals vs Bearish Fundamentals: Which Matters More?

Wealthion - Be Financially Resilient

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Is Jerome Powell a Liar?

He missed speakers. He was looking at a different data set. How do you call somebody a liar without actually calling him a liar? No, I'm not saying he's lying. The problem for Jerome Powell and this showed up in the services index today is, let's go back to what he has said previously. Why? Because he needs consumer confidence to come down so people will quit spending money,. What happened in the last month? Auto salesticked up, home buying ticked up, and services went from 49, a contractionary measure of the economy to 55 in a month. That is not what you want if you're trying to slow down the economy to get less inflation.

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