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Some Unpleasant Monetarist Arithmetic (guest: Jim Leitner)

The Market Huddle

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Is There a Short Term Tradl Below Here?

I'm not ready to call a a bigger bottom, but in such an oversould state, typically those reflexive, kind of snapback rallies do tend u to come ind and quickly get traders back in on the long side. And so therefore, i'm not looking for an extraordinary new bull market to emerge off of a short term low. Simply that the seltling that has been almost relentless for the last month is going to subside,. We're going to see markets potentially calmed down and mean revert a bit for maybe the rest of may yet. I think these ate dream stocks are going into a year from now when you wake up  and they're still going to be lower

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