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We had a bit of a shakeout last week as money shifted from growth to value stocks. The indexes are trading near their highs, and the Fed appears to be on our side, so all appears well for now. I believe there will be a price to pay for all this deficit spending, but the market does not seem to care at this point. If the dollar falls another -0.50% breaking its support line, we could see a wave of selling hit the market, but I believe the market will shrug it off. Nevertheless, I have one foot on the gas, and I could easily tap the breaks if needed. I rest in knowing that God is still on the throne, and He is sovereign above all. May God's Grace and Peace be with you and your loved ones. Amen!
By Charisma Podcast NetworkWe had a bit of a shakeout last week as money shifted from growth to value stocks. The indexes are trading near their highs, and the Fed appears to be on our side, so all appears well for now. I believe there will be a price to pay for all this deficit spending, but the market does not seem to care at this point. If the dollar falls another -0.50% breaking its support line, we could see a wave of selling hit the market, but I believe the market will shrug it off. Nevertheless, I have one foot on the gas, and I could easily tap the breaks if needed. I rest in knowing that God is still on the throne, and He is sovereign above all. May God's Grace and Peace be with you and your loved ones. Amen!