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Bloomberg Wall Street Week - March 10th, 2023

Wall Street Week

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Is SBB a Canary in the Coal Miners?

I don't think that the issues that you see with SBB are systemic. However, I do think it was an opportunity for everyone in the market to take a very big pause today and really think about their positions. Although it may be just SBB and they got special situations, the underlying circumstances could be reflected in other parts of the economy as well as financial markets.

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