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Comments by "" (@kurtKking) on "Two rate cuts might not be enough, warns Wells Fargo’s Michael Schumacher" video.
if inflation sticks for awhile they may have to hike however in the mean time i Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
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