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The market is extremely sick. I believe the 2022 highs are already in. 50 pct of market cap gains in S & P 500 since last April are made up of FIVE companies. Inflation is NOT transitory. The Fed has backed themselves into a corner. The rise of meme stocks, NFTs and cryptos like Dogecoin all signs of advanced speculative mania. The millenials too young to remember the dot com implosion and are in denial.
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