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Yes. Directionally I think the macro heads are correct (i.e. brrrrrr), but who knows what will happen in the short to medium term.
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Yes. Directionally I think the macro heads are correct (i.e. brrrrrr), but who knows what will happen in the short to medium term.
Agree completely. I have been susceptible to this line of thinking too. You assume there is a rational actor in charge.