Wednesday, September 21, 2022

Unworthy Campaign From A Minister. Happy Days Not Here Again. More Earning Revisions.

https://freebeacon.com/national-security/us-general-biden-sanctions-relief-for-iran-will-aid-iranian-assassination-plots/
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https://pjmedia.com/news-and-politics/chris-queen/2022/09/20/lgbt-ally-stacey-abrams-spoke-at-a-church-with-a-pro-farrakhan-anti-gay-pastor-n1630839

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His ads against Herschel are unworthy of a minister and this speech is full of distortions and lies.
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https://m.youtube.com/watch?fbclid=IwAR1yrJSVtHG26_1MaLnKLb7Uz0-2PESMdul367-Ccxa_n-950ZC3I1r9ceU&v=512_TndysNI&feature=youtu.be
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I did not hear the Fed Chairman's comments but read them and seems he went out of his way to be tough. Thus the market has another tranche of down side and prospects of a recession increases. This means more people will be looking for jobs as they are let go from their current job.

Time will tell whether a needless recession will occur and prospects of a softer landing is out the window once again.

Down earnings adjustments are in order. Market will bottom from a lower level I suspect.

If there is anything good from The Fed's actions it is results of the election should swing towards the Republicans as things turn sour.

"Happy Days Are Not Here Again."
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