$QQQ $SPY No matter what the market does short term the issue remains: More massive hikes coming. All of these 2022 hikes do not even hit the consumer until 2023. 2023 is going to be the very rough year. Not this year. This is only the set up year. Corporate profits will nosedive in 2023 when consumer pulls back. I still expect trough earnings mid 2023 and a final market pullback between now and this fall in anticipation of trough earnings mid 2023. Market will begin the true climb back up Dec through February.
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