The Pomp Letter
The Pomp Letter
Market Extremes Bring Out Pseudo-Intellectuals
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Market Extremes Bring Out Pseudo-Intellectuals

1

To investors,

The Federal Reserve indicated in December that they would raise interest rates in 2022, along with tapering the flow of cheap capital that has flooded the market over the last two years. This revelation sent risk assets in a free-fall. Whether we are talking about growth stocks, tech companies, or bitcoin, they have all lost significant per…

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