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November 06, 2022, 04:20:31 AM |
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Since FOMC passed it’s sort of irrelevant but the number doesn’t really mean anything. It was 75bps but we dumped anyways.
We all knew 90% chance it would be 75bps. What was said next was more important. People were expecting him to pivot but he said the opposite pretty much. That he will stay on course and not pivot. Hence why we dumped along with stocks.
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