RE:TLTFF down 10% -really hard to know what to think these days
This is simply going down with the overall market reaction. Projected US 2qtr GDP is -1.00 back to back negative Qtrs means the US has officially entered a recession. Under normal circumstances the Fed would lower interest rates to spur economic growth however with current inflation at 8.5% and more realistically 17% if using prior calculations the Fed is between a rock and a hard place they need to continue to raise rates in order to curb inflation which in turn will deepen the recession the US will likely suffer from stagflation and possibly even enter economic depression territory for a minimum of two years and possibly a lot longer depending on the geo-political outcome of upcoming elections and the globalist agenda that they appear to be ramming down the world's throat. I'm long Theralese and in for 175K shares and will likely add on dips but this is a very volatile period in both the markets and the world in general imo.