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SPY ETF will fall as higher inflation will push the Fed to continue to raise interest rates

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(@dhtaylor)
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Joined: 3 years ago
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The Federal Reserve may not be anywhere near done with raising interest rates.  The latest inflation data out on Friday suggests that inflation is still sticky despite the extraordinary measures taken by the Fed already.  We have non-farm payrolls coming out on Friday and this is likely to show the economy is not moderating nearly enough to warrant a pause in interest rate hikes by the Fed - SPY ETF is likely to fall:


   
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