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In olden days, recessions led to a drop in the stock market. Now, because of our blind faith in the so called 'wealth effect', we must never allow markets to drop because it might lead to a recession. It is bizzaro world. You'll probably hear some jaw boning this weekend from some lackie of the Fed talking about how they may slow the pace of rate hikes this year.
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And we have just one world, But we live in different ones
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