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Reflections #28 - Fly, Nasdaq, fly...only imagination determines how high you can fly!

The latest rally in Nasdaq may not be unprecedented but is becoming one which certainly looks outstanding in historical terms.

Currently, the Nasdaq trades about 21% away from its 200dma which was only trumped by the rally in 2020 and 2009.

What can go wrong with the Fed remaining hawkish?


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