What is the expected range for the S&P mentioned in the text, and what does it signify for investors?
Stocks Likely to Bottom in 1H, Wells Fargo's Samana Says

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2.
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How does the reopening of China complicate the Federal Reserve's job according to the text?
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What factors are mentioned that could influence inflation and the Federal Reserve's actions?
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What strategies are suggested for adding risk in the first half of the next year?
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What historical context is provided regarding trading and market expectations?
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