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Surveillance: Market Volatility with Schumacher

Bloomberg Surveillance

00:00

The Market Disassociated Self With a Lot of the Garbage

The market continues to make this very clear distinction between what is quality and what is not quality. I think the market disassociating itself from things like Bitcoin or Arc or the IPOs would be a bullish development that had to happen in 2002. The flows, for example, are still pretty aggressive into both equities and bonds. We have essentially oscillated between 3600 and 3800 for the better part of the last six weeks.

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