We remain doubtful that the Fed is indeed 'done,' which has become the overwhelming consensus. We believe they will be more vigilant against inflation.
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People who want to watch the Fed need to be very careful,Richard Bernstein
History suggests that the most powerful factor influencing the profit cycle is pricing power.
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The more generators sold, the more consumer confidence has been hurt, as this would tend to indicate that people do not trust the infrastructure currently in place. If, however, consumers shrug off the ... situation and relatively few generators are sold, then this would be perceived as a positive.
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