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Here, Scott shares an update on the interplay between inflation, The Fed, & the stock market.
1. Markets are down again today & had tanked based on a high inflation reading of 8.4%. This reading reinforced the fed desire to keep raising rates to fight inflation.
2. The fed has raised rates nearly 300 basis points this year and likely has another 100 basis points coming. Yet inflation has not budged.
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Discussions about private equity and business with Scott Becker.
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Scott Becker
315 Vernon Avenue
Glencoe, IL 60022
Telephone: 312-399-0774
Mobile: 773-766-5322
Email: sbecker@beckerstrategygroup.com