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Is a Bear Market Imminent? | Tom Thornton
Forward Guidance
Europe and Emerging Markets
I'm glad you brought up Europe because I neglected to ask you about international markets. Do you have a view? Are you more constructive on Europe than you are on the US? How do you think about emerging markets? You know, Brazil's rates are already at 10, 11%. So the US is at zero. So maybe is Brazil a hiding place? How are you sort of thinking about China, Asia, Europe, emerging markets? They have still lots of issues with their real estate and banks. And we'll see.
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