RE:What’s next?Hey spitfire191. Nice to see you back. Here's my take. I'm expecting DSV to move alot higher in 23. Once the PFS comes out that will be the catalyst for the BIG money to move in. Also I expect the Fed will pause early next year due to deteriorating economic conditions. This will be a massive tailwind to the pms and will most likely push pms to new highs ( my guess is maybe by summer or early fall ).
What most don't realize is that the Fed has already lost its war on inflation. Its only a matter of time before the housing market and economy crashes hard at these elevated rates and takes down the entire banking system. The Fed will not allow a credit/banking crisis to happen imho. That would be political suicide so the Fed will have no choice but ease up despite continuing high inflation. THIS will be a massive tailwind to pms imho.