Andrew Bell, CEO of Witan Investment Trust, says 2023 could be a year in which the economy “struggles a bit.”
It’s taken an ‘awful lot’ of Fed ‘bullets’ to kill the market’s bullish sentiment, CEO says
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People don’t understand that FED rate changes take 6 to 12 months to affect the market. Basically, the effects that we are seeing now are due to FED rate change at the beginning of the summer when FED moved to 1.5%. The effect of 4% rate will show up some time around summer of 2023. wait!
This guy is an analogy machine … no idea what he is talking about but I loved hearing it
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*”The function of leadership is to produce more leaders, not more followers.”* –Ralph Nader