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One thing is clear: Apple's disappointments are far more correctable, and their cash flow is more diversified than either AMZN or GOOGL.
Anyone at the Fed worried at all about job and wage-driven inflation will have to talk hawkish now.
The fact of the matter is that the Fed knows as much as the market does, or perhaps even less.
We are probably at or very near the highs the market will provide at least through the first half of year.