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Divine Intelligence, etc

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The Fed's Fear Porn Is Working

The dollar is stronger now than it was during middle of 2022 and before. The fear porn towards the regional banks is significant. What I wanted to look at is PayPal and Square because PayPal and Square got quite a run up over, you know, if you do a longer chart,. But now looks to me, the clear messages PayPal and Square and the online payment systems are not going to be a player in whatever the Fed's working up to doing.

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