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A Very Tom Lee Christmas | What Are Your Thoughts?

The Compound and Friends

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The Stock Market Bottomed Before Volcker Shifted Tactics

Paul Volcker was the Fed Chair in the late 70s, early 1980s and he came in with a mandate to really whip inflation. The stock market bottomed in August 82 then turned into a vertical rise in the stock market. If you wait for Powell to say inflation wars ending, I think there's a good chance we're at all-time highs on the S&P.

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