DJIA down over 1000 points, NASDQ down 645 and S&P down almost 170
Let's hope this is a intraday issue and things close closer to where they started. But this has been days and days of what the bulls are calling a correction and what the bears believe might be something bigger. Generally I would think this was an opportunity, but right now who knows. I dumped money into the market a week or so ago after one bigger "correction" and I am down even further.
65 comments:
You have to give Joe credit. There is not one aspect of American society that he has not turned to complete shit. Not one. His fucking of America is total and complete, and on a level that 0linsky could have only dreamed of.
I posted a couple weeks ago that I moved out of stocks
Moderna stock is falling faster than Covid vaccine effectiveness
Alex Berenson
I’m joking, kids! Nothing is falling faster than Covid vaccine effectiveness.
And unlike vaccine effectiveness, Moderna stock has a zero lower bound.
https://alexberenson.substack.com/p/moderna-stock-is-falling-faster-than/comments
around 140.... down 105 points over the past month
interesting
now around 145 but down from its one year high of 485
I'd call that a correction
Bingo
"rrbJanuary 24, 2022 at 11:28 AM
You have to give Joe credit. There is not one aspect of American society that he has not turned to complete shit. Not one. His fucking of America is total and complete, and on a level that 0linsky could have only dreamed of."
Bidenomics Build Back Broker policies failed .
When ya loose knee pad Todd.
"NBC's Chuck Todd: Biden 'no longer seen as competent and effective'Todd cited a new NBC poll in predicting Democrats were heading for a 'shellacking' in the midterm elections"
Why Has Biden Become So Unpopular?
January 24, 2022 at 12:00 pm EST By Taegan Goddard 76 Comments
Jonathan Bernstein:
“Generally, the best explanation is the simplest one: People are in a pretty grumpy mood as the second year of the pandemic ends with record-high case counts and various other negative effects — including inflation — and they’re taking it out on the president.
"We may get a reasonable test of this explanation in the spring.
If the omicron wave ebbs and we get a few months similar to March through June last year;
if inflation turns out to have peaked at the end of 2021;
and if no new major negative news story emerges,
then we’ll see whether Biden’s popularity rebounds a fair amount by, say, June.
"That said, I wouldn’t expect a full recovery for a while even if conditions do get better, if only because the virus has dashed people’s hopes so many times.
“What all this suggests is that there’s only a very loose connection between the president’s actions and public opinion.
"Biden benefited last spring and summer
from a seeming return to normal that at best he was only partly responsible for;
he slumped in the fall despite continuing the same policies;
and he may recover without fundamentally changing course at all.”
OH NO, NO, NO!!! scream the bottom crawlers here.
Homeland Security Warns of Russian Cyberattack
January 24, 2022 at 12:00 pm EST By Taegan Goddard 84 Comments
The Department of Homeland Security issued a bulletin saying that Russia would consider conducting a cyberattack on the U.S. homeland if Moscow perceived that a U.S. or NATO response to a potential Russian invasion of Ukraine “threatened Russia’s long-term national security,” CNN reports.
Lawmakers Push Pelosi, McCarthy on Stock Trading Ban
January 24, 2022 at 1:54 pm EST By Taegan Goddard Leave a Comment
Twenty-seven House lawmakers have signed a letter urging Speaker Nancy Pelosi (D-CA) and Minority Leader Kevin McCarthy (R-CA) to bring forward legislation that would ban members of Congress from owning or trading stocks, Axios reports.
Related from the New York Times: “In an academic paper published a few years ago, an economist named Serkan Karadas highlighted a suspicious pattern: Members of Congress earned higher than average returns on their stock investments.”
“The findings suggested that at least some Congress members were profiting off their jobs. With inside knowledge about forthcoming policy changes or economic developments, the members could buy stocks shortly before they rose in price or sell them shortly before they fell.”
Capitol Police Probe Those Who Meet with Lawmakers
January 24, 2022 at 1:40 pm EST By Taegan Goddard 15 Comments
“After the Jan. 6 insurrection, the Capitol Police’s intelligence unit quietly started scrutinizing the backgrounds of people who meet with lawmakers,” Politico reports.
“Examining the social media feeds of people who aren’t suspected of crimes, however, is a controversial move for law enforcement and intelligence officials given the civil liberties concerns it raises.”
“Among those who have been subject to new Capitol Police scrutiny are Hill staffers.”
Whitmer Leads In Michigan
January 24, 2022 at 1:00 pm EST By Taegan Goddard 46 Comments
A new EPIC-MRA poll in Michigan shows Gov. Gretchen Whitmer (D) leading her re-election race against challenger James Craig (R), 46% to 41%.
Another 13% remain undecided or refused to say who they would vote for.
J.D. Vance Says Our Country ‘Is Kind of a Joke’
January 24, 2022 at 12:17 pm EST By Taegan Goddard 143 Comments
Ohio U.S. Senate candidate J.D. Vance (R) gave a surprising answer to a local Ohio reporter last week when asked how he justifies some of his more bombastic rhetoric, saying that “our country is kind of a joke,” Mediaite reports.
Infighting Among Trump Loyalists
January 24, 2022 at 12:14 pm EST By Taegan Goddard 53 Comments
Roger Stone lashed out against former Trump spokesman Jason Miller calling him a liar and a “despicable piece of shit,” Insider reports.
Stone also accused Miller of perjuring himself during the 2016 Mueller Investigation.
Skipping By Jane spam
California Lawmaker Proposes Student Vaccine Mandate
January 24, 2022 at 2:13 pm EST By Taegan Goddard 20 Comments
California state Sen. Richard Pan (D) “is proposing to require that all schoolchildren receive a Covid-19 vaccine starting in 2023, a law that would be the nation’s strictest student mandate if approved,” Politico reports.
And again the fanatics on the right scream,
THAT'S JUST THE GOVERNMENT TRYING TO CONTROL US!
And we sane people on the left say,
You mean that's why children's vaccinations for smallpox were required?
You mean that's why children's vaccinations for polio were required?
We thought it was to save suffering and avoid scarring, cripling, and deaths.
Biden deploying troops are boots on the ground to Ukraine.
The weather today was so nice.
I built my wife another large raise bed garden. ((4 wide 8 foot long and 2 feet high.
Enabling us to grow more of our own food.
Phony Fauci yesterday: We may need to boost again.
Because his portfolio is taking a hit just like everyone else's and he need to claw back some losses.
Rising interest rates and stock market problems are associated with the fed plan to reduce inflation.
I'm not surprised. But if within a month or so before the election day, it might look a little better than now
Rising interest rates and stock market problems are associated with the fed plan to reduce inflation.
Yep, and totally avoidable had we not pissed away as much $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ as we did on Covid "relief."
I'm not surprised. But if within a month or so before the election day, it might look a little better than now
That would set a record for the fastest taming of inflation of all time.
Wish in one hand and shit in the other and see which one fills up first, alky.
Avoid all things economic and stick to other things you know little about alky.
Like history.
Or milk cattle ranching.
LOL.
The sell-off of U.S. stocks in 2022 gained intensity Monday as investors dumped risky assets like equities in anticipation of a less friendly Federal Reserve.!!!!!!!!!!!!!!!!!!!
The Dow Jones Industrial Average lost more than 1,000 points at one point and the S&P 500 pulled back more than 10% from its record close Jan. 3.
The Dow Jones Industrial Average fell about 540 points, or 1.5%, falling for a seventh straight day. At its lows of the day, the blue-chip index shed about 1,115 points. The S&P 500 lost 1.7% and headed for its worst month since March 2020. The benchmark is down more than 10% from its intraday high. The Nasdaq Composite declined 6%, falling deeper into correction territory down more than 16% from its intraday high.
It's not the fault of the President.
think there’s more pain to come,” said Wharton School finance professor Jeremy Siegel on CNBC’s “Squawk Box.” “When a bear market comes, it doesn’t spare the good stocks or the bad stocks. I mean, they all go down.”
Monday’s pullback put the S&P 500 down roughly 9% this month, on pace for its worst January performance on record. The Dow was also headed for its biggest one-month loss since March 2020, falling more than 7%. The Nasdaq, meanwhile, has dropped about 13% in January and is on pace for its worst month since October 2008 — when it plunged 17.7%.
Madam Amick.
No shit , a year too late.
"Rising interest rates and stock market problems are associated with the fed plan to reduce inflation."
Yawn, Madam Rita Amick.
You post as IF, this is new to you.
It, is not new to us.
Laugh the fucking out loud @ Roger.
Damn boi, shut the fuck up, stupid ass.
"pullback" 7.50 % drop year to date.
It's not the fault of the President.
It is DIRECTLY the fault of Slow Joe, as is every single Covid death since he was installed. His promises to "SHUT DOWN THE VIRUS!!!" & "STOP COVID IN IT'S TRACKS!!!" were LIES.
One in five dollars was printed in 2020 under Joe's watch. But since he had to play FDR, we're ass deep in shit tons of $$$$$$$.
It's his pooch and he screwed it alky.
Economic growth in the United States slowed sharply in the first weeks of the year due to supply chain disruptions, high prices, and labor shortages linked to the surge in Covid-19 infections, according to data from a purchasing managers survey released Monday.
The U.S. IHS Markit flash composite purchasing managers index, one of the first comprehensive looks at economic growth this year, fell to 50.8 in January from 57.0 in December, severely undershooting expectations and signaling almost no growth in the economy. Economists had forecast a reading of 56.7.
https://www.breitbart.com/economy/2022/01/24/u-s-economy-slows-to-near-standstill-as-omicron-supply-chain-delays-and-inflation-surge/
Which of the total ass clown of the Three Socialist Stooges wrote this?
"It's not the fault of the President."
We should stand by the President because.
The Pentagon said Monday that Defense Secretary Lloyd Austin has put up to 8,500 troops on heightened alert, so they will be prepared to deploy if needed to reassure NATO allies in the face of ongoing Russian aggression on the border of Ukraine.
Pentagon press secretary John Kirby said no final decisions have been made on deployments. He said the order is about ensuring that the U.S. is ready to respond if NATO decides to deploy its response force
Our armed forces deserve our support
.
And dementia Joe needs to wag the dog
Before she married her husband Carl Stroschine my aunt was Rita Amick.
Born in 1921
Blogger Roger Amick said...
We should stand by the President because.
FUCK YOU.
You wouldn't piss on Trump if he was on fire alky.
So yeah, FUCK YOU.
You installed the fucking retard. YOU support him.
Did I say FUCK YOU?
FUCK YOU.
LOL.
The stupid cocksucker is poised to stumble us into war with Russia. Only an imbecile does that.
She was a great woman.
She lived until 96
Blogger Caliphate4vr said...
And dementia Joe needs to wag the dog
I prefer he send a missile up a camel's ass like bubba did.
This dumb fuck is going to stumble us into WW III, and thanks to Austin and Milley all we have left to fight it is a battalion of Corporal Klinger's.
rrbJanuary 24, 2022 at 2:28 PM
Blogger Roger Amick said...
We should stand by the President because.
FUCK YOU"
Exactly Fuck You Madam Rita Amick, you stupid twat.
Bills # 1 Defense
Meet # 15 and you left him 13 Seconds.
You don't remember how the same strategy after World War Two when NATO and the cold war kept the Soviet Union from expanding across Europe and Turkey etc..
We are following the same successful path without another World War with nuclear weapons!
If he takes Ukraine, the economic danger will devastate the Russian economy.
But your hatred for Democrats and rational Republicans blinds your minds.
Defense Secretary Lloyd Austin has placed 8,500 U.S. troops on "heightened preparedness to deploy" to eastern Europe in case NATO activates its rapid-response force over tensions with Russia, the Pentagon announced Monday.
Why it matters: No decisions have been made to actually deploy U.S. forces, but the heightened alert level will allow the military to rapidly shore up NATO's eastern flank in the event that Russia invades Ukraine. The Pentagon warned that Russia has shown "no signs of de-escalating," and continues to amass troops on Ukraine's borders.
What they're saying: "This is really about reassuring the eastern flank of NATO, and it's also about ... proving how seriously the United States takes our commitment to NATO and to the Article Five commitment inside NATO," Pentagon press secretary John Kirby said Monday, referring to the alliance's commitment to collective defense.
Kirby stressed that no mission has been assigned, but that the troops on high alert include "additional brigade combat teams, logistics personnel, medical support, aviation support, intelligence, surveillance and reconnaissance."Kirby also reiterated President Biden's position that U.S. troops will not be sent to Ukraine to fight a war against Russia, but that the West is still determined to deter Moscow from launching an invasion through the threat of sanctions and military aid.
The big picture: The NATO Response Force (NRF) is comprised of about 40,000 multi-national troops that can be deployed on short notice.
Over the past several weeks, NATO countries including the United Kingdom, Denmark, Spain and the Netherlands have sent additional ships and fighter aircraft to eastern Europe in an effort to deter Russia.Several NATO members, including the U.K., the U.S. and the Baltic states, have sent weaponry and military trainers to Ukraine as Russia continues to amass more than 120,000 troops on all sides of its border.
Our allies armed forces are working with the President and our allies to continue to keep Putin from reassembling the Soviet Union.
Get your heads out of your asses.
Our young men are women are putting their lives at risk for you and every single person in the United States of America.
The Vast Majority of Americans have zero stomach for Biden's War.
Zero Reason to put a Single US War Fighter into Ukraine.
A Failed Presidecy moves us into war.
F4 Roger is ready, reporting for duty.
What a waste of skin.
If he takes Ukraine, the economic danger will devastate the Russian economy.
Alky Russia exports energy and Europe is in the midst of a crisis of their own making, chasing windmills and fairy dust. Europe won’t have the stomach to watch their lights get turned off by Putin
Cali, you are talking way the he'll over Madam Alky's pay grade.
F4 Alky never ever served.
Sunday on MSNBC’s “The Mehdi Hasan Show,” Rep. Ruben Gallego (D-AZ) said it was “time for us to take that victory lap” on the Democrats’ handling of the coronavirus pandemic."
Alky Russia exports energy and Europe is in the midst of a crisis of their own making, chasing windmills and fairy dust. Europe won’t have the stomach to watch their lights get turned off by Putin
The 'smart set' in Western Europe has decided to go green. Including shitcanning nuclear. The cleanest fuel there is. Fucking brilliant.
Those of us who are actually paying attention know this and have known it for quite some time.
The alky is ignorant as usual.
And again the walls are closing in on Trump.
An Atlanta-area district attorney investigating former President Donald Trump's efforts to overturn the 2020 election results in Georgia will be allowed to seat a special grand jury this spring.
Fulton County District Attorney Fani Willis requested last week to seat a special grand jury starting May 2. Fulton County Superior Court judges approved the request on Monday.
Fulton County District Attorney Fani Willis requested last week to seat a special grand jury starting May 2.
Did she ever get around to jiggling the handle on the toilet that was leaking on election night, shutting down the count?
LMAO.
Bombshell beginning of the end of the walls that are closing in...
THWAP!!!
Speaking of the stock market happy day
The Dow industrials, S&P 500 and Nasdaq Composite all finished the day higher after falling sharply in morning trading, a wild close to a volatile day in U.S. stocks.
By the end of the day, the Dow had added 101 points, or 0.3% after being down more than 1000 points in the morning. The S&P 500 also added 0.3%.
Popular technology stocks were among the hardest hit early on, but they too rallied. The tech-heavy Nasdaq index closed about 0.6% higher after trading more than 4% lower earlier in the session. The market slide extended to the cryptocurrency markets, with bitcoin dipping at one point below $33,000, less than half the market value of its November high.
Nothing says "we have an idiot in the white house" like an 1100 point swing in a single day.
"
White House press secretary Jen Psaki blamed the "underfunding" of some police forces for the spike in crime gripping America"
Chickens come home to roost.
Your heroes were back in DC.
For a second cold January day in as many years, thousands of demonstrators, including throngs of far-right Proud Boys, descended upon Washington, D.C. This time, the right-wing marchers came to protest vaccine mandates, even as America struggles to ward off the third wave of COVID-19.
While the omicron variant continues to rage, about 25,000 protesters gathered Sunday on the National Mall, chanting anti-vaccine slogans, donning pro-Trump memorabilia, and holding up signs that called for violence, according to The Washington Post. Many of their signs displayed messages like "Vaccines are mass kill bio weapons" and "Trump won," echoing Donald Trump's baseless claim of widespread voter fraud in the 2020 election. Nearby, a bus – plastered with pictures Centers for Disease Control and Prevention (CDC) Director Rochelle Walensky, White House chief medical adviser Anthony Fauci and Microsoft founder Bill Gates – was parked on the side of the road, with the word "WANTED" above the three figures' heads.
RELATED: Instead of just getting vaccinated, anti-vaxxers are drinking iodine antiseptic
Other demonstrators compared vaccine mandates to Nazi Germany, an increasingly popular trend among conservatives, holding up signs with messages like "I am not a lab rat" and "Stop the vaccine Holocaust."
During a speech held at the rally, Robert F. Kennedy Jr., a veteran anti-vaxxer, claimed that vaccine mandates are worse than the policies of Nazi Germany, saying: "Even in Hitler's Germany, you could hide in the attic like Anne Frank did."
Other speakers included physician Robert Malone, a prominent purveyor of vaccine misinformation; TV producer Del Bigtree, the CEO of the anti-vaccination group Informed Consent Action Network; and members of public employee associations like Medical Freedom and the D.C. Firefighters Bodily Autonomy Affirmation Group.
You all agree with them because you're fucking stupid
1103 points in one day dumbshit
Ooh. Missed it by that much. (3 points).
https://www.youtube.com/watch?v=oPwrodxghrw
Good thing you have nothing at risk on your nail bender welfare, eh alky?
You all agree with them because you're fucking stupid
Gosh, that's a compelling and scathing retort and brilliant defense of YOUR position on all this alky.
LOL.
Sad how Lil Schitty was beating his meat with excitement when the DOW was down 1k.......seems again like Busch, came a little early as the day turned positive......who knows what tomorrow will bring, but fundimentals remain unchanged except for Russia.....what a POS he has become....!!!!!!
This is why Trump and his supporters like him!
Vladimir Putin presents himself to his citizens and to the world as the standard-bearer of a modern counter-enlightenment. He has declared liberal democracy “obsolete,” a political arrangement that has “outlived its purpose.”
We're headed for recession and a big fat market SELL OFF -
Dragged down by a fifth straight day of steep losses in the tech sector, the S&P 500 fell nearly 4% to 4,236 Monday morning, pushing the index down more than 10% for the year, before an end-of-day surge that helped it tick up 0.4%.
A “disappointing” start to fourth-quarter earnings season could spell trouble for stocks this year, Goldman Sachs’ David Kostin wrote in a Monday note, forecasting the S&P could plunge as much as 11% from Friday’s close (to 3,914) if higher interest rates and the reduction in Fed stimulus push annual corporate profits down 4% from 2021.
Morgan Stanley’s Michael Wilson struck a similar tone, telling clients on Monday to “hunker down for a few more months,” as slowed earnings growth joins monetary policy uncertainty as primary market concerns.
“It’s too early to be bullish,” Wilson said, warning the S&P could plunge another 10% while pointing out the “most speculative parts” of the market have been hit the hardest, with names like Peloton down 75% in six months.
As inflation falls once the Fed starts hiking rates, Wilson says he’s "most bearish" on consumer goods, apparel and housing-related stocks that have benefited from rising prices.
Kostin says some sort of catalyst—such as a slowdown in inflation—will be necessary to curb the broad-market selloff, but Goldman economists don’t expect prices will cool down until the second quarter; other potential catalysts include an “extremely strong” earnings season or a Fed policy pivot.
https://www.forbes.com/sites/jonathanponciano/2022/01/24/catastrophic-stock-market-crash-isnt-over-heres-how-much-worse-it-could-get/?sh=3b8f7dbb3f89
Blogger Roger Amick said...
Speaking of the stock market happy day
Happy day alky?
YOU FUCKING MORON.*
* H/T: Indy Voter
The American Thinker described Trump perfectly.
Lying is an extremely selfish act, as it denies the existence of — or at least a tiny sliver of — an actual shared reality for one's own personal benefit. Not all lies are equal and "little white lies" are different — agreeing with your spouse that her new hairstyle looks fantastic even if it is an abomination against man and God will not make the world stop turning and will ensure that you will not be spending the next four days sleeping on the couch legitimately worried that you could be woken up at any moment by the couch being set ablaze. But even in this scenario, there is a modicum of self-interest at play, as making the other person happy also benefits the "liar."
Selfishness and lying can create a feedback loop in which each amplifies the other to ever greater effect to the point that the self-regard of the liar becomes so greatly magnified that he no longer understands that he is lying. Consider the feeling of personal perfection one gets from believing one is correct and on the morally right side of an argument, and the narcissist can create a pleasant picture of himself for himself, no matter the reality of any given situation. Surround that narcissist with the like-minded, and their personal pathology can become public policy.
And again.....
Why More Inexperienced Candidates Are Running — And Winning
By Geoffrey Skelley
Filed under Congress
When you have a toothache, you call a dentist; when you have a leaky faucet, you call a plumber. You want someone with on-the-job experience dealing with the challenges that confront you.
This used to be overwhelmingly true in our elections, too, as political science research has long found that candidates who have held political office generally outperform candidates with no elected experience.
But there are signs that this is now changing, with voters showing a greater willingness to back amateur candidates. This includes, of course, now-former President Donald Trump — the ultimate example — but it also applies to, say, plenty of U.S. House members
This guy who is a very conservative nutcase, accidentally described Trump perfectly.
Selfishness and lying can create a feedback loop in which each amplifies the other to ever greater effect to the point that the self-regard of the liar becomes so greatly magnified that he no longer understands that he is lying. Consider the feeling of personal perfection one gets from believing one is correct and on the morally right side of an argument, and the narcissist can create a pleasant picture of himself for himself, no matter the reality of any given situation. Surround that narcissist with the like-minded, and their personal pathology can become public policy.
https://www.americanthinker.com/blog/2022/01/always_someone_left_to_lie_to.html
Roger...
You ever notice that literally everything anyone says about anyone that is even slightly negative...
You seem to believe that it always fits a former President to a "T".
I think this might be described as an obsessive compulsive problem.
If the shoe fits, wear it.
Pentagon Puts 8,500 Troops on Heightened Alert
January 24, 2022 at 2:58 pm EST By Taegan Goddard 69 Comments
Defense Secretary Lloyd Austin has placed 8,500 U.S. troops on “heightened preparedness to deploy” to eastern Europe in case NATO activates its rapid-response force over tensions with Russia, Axios reports.
4:44 I never thought I'd find so perfect a description of Trump in the American Thinker.
Judges Greenlight Special Grand Jury In Trump Probe
January 24, 2022 at 4:34 pm EST By Taegan Goddard 103 Comments
“A panel of Fulton County judges on Monday cleared the way for a special grand jury to be used as part of District Attorney Fani Willis’ investigation of former President Donald Trump and his efforts to overturn Georgia’s 2020 election results,” the Atlanta Journal Constitution reports.
“Special grand juries, which include 16 to 23 people, are rare in Georgia. They can’t issue indictments but can subpoena witnesses and compel the production of documents and information. Unlike regular grand juries, they can be seated for longer than two months and are focused on a singular case.”
THE WALLS JUST KEEP RIGHT ON CLOSING IN...
“Special grand juries, which include 16 to 23 people, are rare in Georgia. They can’t issue indictments but can subpoena witnesses and compel the production of documents and information. Unlike regular grand juries, they can be seated for longer than two months and are focused on a singular case.”
So Reverend... why don't they have a "real" grand jury??
Fox News' Peter Doocy laughs off Biden 'SOB' insult: 'Nobody has fact-checked him yet and said it's not true'
Biden took a swipe at the Fox News reporter after he asked a question about inflation
Early in his administration, Biden warned his staff to show colleagues and members of the press with respect.
"I’m not joking when I say this: If you’re ever working with me and I hear you treat another colleague with disrespect or talk down to someone, I promise you, I will fire you on the spot — on the spot. No ifs ands or buts," Biden said. "Everybody is entitled to be treated with decency and dignity."
https://www.foxnews.com/media/fox-news-peter-doocy-laughs-off-biden-sob-insult
Great Short video including the Ducey clip and a following live interview
guess Biden is going to have to fire himself
ROFLMFAO !!!
If the omicron wave ebbs and we get a few months similar to March through June last year;
if inflation turns out to have peaked at the end of 2021;
and if no new major negative news story emerges,
then we’ll see whether Biden’s popularity rebounds a fair amount by, say, June...
"Biden benefited last spring and summer from a seeming return to normal that at best he was only partly responsible for;
he slumped in the fall
despite continuing the same policies;
and he may recover without fundamentally changing course at all.”
That's what can happen when you have an honest, decent, truthful person in the office admitting mistakes but pursuing sound policies.
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