The simple reason why I think stock prices should retreat - or at very least, repeat the type of unwind we had in the first quarter - is that the three main sources of liquidity for markets the past two years are all simultaneously in retreat: monetary policy, fiscal policy, and personal income.
The simple reason why I think stock prices should retreat - or at very least, repeat the type of unwind we had in the first quarter - is that the three main sources of liquidity for markets the past two years are all simultaneously in retreat: monetary policy, fiscal policy, and personal income.
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