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SW Ontario | We will break below the 2009 low. I was expecting a harder crash. but it looks like a slow bleed over 12 - 18 months is how this one plays out. The Fed's number one mandate is now fighting inflation, and they haven't even begun to shrink their balance sheet, or raised rates to above the level of inflation, which will be necessary. Huge headwinds ahead. The days of easy money are behind us. Things are about to get real again. Thank goodness. | |
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