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Fed's job is not to hold your hands and float your portfolio. Start getting burnt and learn how to properly do stock valuation now.
A correction is a positive thing, pe's are too high to be sustainable!
And it shouldn't. Ultra low rates are simply storing up problems for the future.
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Mohamed El-Erian: Stock market rout will not derail further Fed rate hikesWanna bet? 👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻
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Global stock market sell-off won't stop the Fed from hiking interest rates, El-Erian saysA recent global stock market sell-off won't be enough to persuade the U.S. central bank to stop raising interest rates, noted economist Mohamed El-Erian told CNBC on Wednesday. Vote humanity, Vote one world, Vote yourself... Welcome to 2030, 🌎 Kash2030 has already changed the World forever. ▶︎ Watch the video… Trump will blame them. And Trumpians will follow. Haha yea. Their mandate is built around the stock market. This slide keep going then they will have to act. No hikes next year or December. Stamp it.
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