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Jeff Snider: The Credit Crunch Is Here As Ultra Rare Bond Market Signal Flashes Red For First Time Since 2008

Forward Guidance

CHAPTER

The Fed's Decision to Accept a Recession

The big banks are saying, we think everything's fine because for them, they're everything is fine. In 2008, it was the big dealer banks who were under the spotlight. They're the ones who are who are under the most pressure. But there's also the incentive here where the big banks don't want to be dragged into this thing.

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