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| It doesn’t matter how much liquidity is injected by the fed. During deflation all money is sucked up by the economy. The job of the market is to find where it’s true value is. The Dow through irrational exuberance rallied higher then what its true value was. Now we are in price discovery and the market will collapse lower then it’s true value should be. CF has targets in mind and have shared them openly.
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