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Hope Springs Eternal

RiskReversal Pod

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Deutsche Bank's Selloff Focuses Attention on CreditDefault Swap Market

Danny Cevallos: The S&P 500 is telling you that the banking crisis of early 2023 is over. He says Deutsche Bank's selloff focuses attention on credit default swap market. There was activity in Deutsche Bank's CDS earlier this week that caused a selloff, he says. Cevallo: People watch obviously the fixed income markets more than equity because any company that has debt as part of their balance sheet can be manipulated.

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