to crush demand so that manufacturing and supply change issues will catch up to demand. Kiss full employment, housing, hotels, cars, and retail goodbye. Buy oil and cyclical goods like food, P&G, Clorox, etc as the risers over the next year.
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We shouldn't use Fed to fight unemployment from beginning. The function of Fed is to control inflation/deflation, not employment.
So, there's that...
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items. The market won't have many winners for awhile.
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