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Hartnett on 2023

November 24, 2022 - 10:20 -- Admin

More excellent Micheal Hartnett at BofA for 2023.  2022 in Words: “inflation shock” and ”rates shock” caused historic bear market on Wall St but no “recession shock” on Main St; exogenous shocks of Russia/Ukraine, China COVID, UK pension funds, FTX/crypto all negative on Wall St, but were offset on Main St by historically low unemployment

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