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Get ready for an ugly earnings season
Wall Street Unplugged - What's Really Moving These Markets
The Market Could Crash or It Could Be Dangerous?
When a market is down 20%, with down 20 plus, once it falls 20%, we've never in history saw market bottom while the Fed was still tightening. So for those of you who think we're going to have a fork car, we might have a bump up here and there or whatever. But if you think stocks going to rally with the fed raising rates, it's never happened in history when we were down 20%. And they're going to continue to raise rates through December into January, February now, we're looking at it to peak at 48. Yeah, you'll get three, four, five more months of significant declines. I hope I'm wrong on it, man.
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