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Plus, One must ask themselves... Are Russia and China satisfied with making Ukraine and Taiwan uncomfortable? Do they understand the costs?
The market is grappling with the acceleration of the Fed tapering off its bond buying and the potential for interest rate hikes in 2022.
The short answer is yes, as the shares of cosmetics maker Estee Lauder have shown over the years when they've become overvalued.
Stocks correct when they get overdone and then rally when they get oversold and everyone gets too bearish. Too simplistic? Let's check the charts and indicators.