The recession is on the way.
Due to recently uncertainties of global markets.Powel had stressed the adding interest rates will not stop.This cause the global investors‘sentiment deepened.So due to this ,lots of smart money parked their fund in SQqq and some reverse etf to hedge their portfolio stocks losses.For the first one and a half quarter .I am very pessimistic about the upcome 2 quarters next year 2023.The 3rd quarter may pickup slightly.By entering end of 2023 .There’s hope of powel lowering interest rates.
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