If recent history is any guide, the fed started to cut rates AFTER the market corrected, not during new highs in the market.
Why don't the bubbleheads cover that?
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Mandelbrot: Patterns are the fool's gold of financial markets. They are the inevitable consequence of the human need to find patterns in the patternless
Why don't the bubbleheads cover that?
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Mandelbrot: Patterns are the fool's gold of financial markets. They are the inevitable consequence of the human need to find patterns in the patternless