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RE: The people managing money haven't been through this before

Six more months before the Fed stops torturing us for their ineptitude and inactions in the past. They're doing a catch up of what they should have started doing two years ago. Smaller increases starting say about the time the vaccine came out would have been the smart thing to do, but that aint the Fed we have.

Things will be up an down and all around until end of Q1 next. After that hopefully the Fed will be satisfied with the pain they've needlessly inflicted.

And as far as companies going bust over interest rate hikes - those are zombie companies anyway and need to leave the market. No intelligent investor puts money into a company like that. A kind of cleansing if you will. They're a waste of capital and it interferes with a recovery.

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