From current levels I see another 10-15% downside possibility in Nasdaq, where strong bullish support would probably step in seriously.
From macro point of view I agree with those specialists who say that J. Powell was pretty straightforward in his views on battling the inflation, which is the number one problem in the US or even in the whole world (Europe for sure) at the moment.
Some people would argue and don’t see it this way, but it doesn’t really matter.
Having a view and realising an idea are two completely different stories.
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