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krvdave t1_j2evgaz wrote

Reply to comment by StandardConcert1467 in S&P 500 falls 19.4% in 2022, worst year since 2008 financial crisis. by StandardConcert1467

That's also before the vast majority of people had significant stock holdings. If nearly every boomer, gen-xer, and millennial has a significant portion of their wealth in stocks via their employer retirement plans, they're not going to tolerate a decade of low/no growth, and the Fed knows it.

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StandardConcert1467 OP t1_j2ew4zo wrote

Sadly that’s right. Or it’s going up or down. The FED needs to play with INTEREST RATES OR let it sink

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yao97ming t1_j2f6ufr wrote

I don’t think the market can stay up if interest rates are still going up in 2023

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