Fibs on the way down
The FED will not stop until they get to 2% inflation. The $31 trillion national debt is not serviceable long term at elevated rates without massive tax increases. Higher rates will put the economy in a downturn. Seems like the falling wedge goes down till Q2/Q3 2023, then bounces. How big a bounce depends on what is left to bounce.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.