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Catch a Falling Knife
The Compound and Friends
Is This a Rally in a Bear Market or a New Bull Market?
There was a 0% implied probability that they were going to do 50 basis points. The question is like, we have the jobs for tomorrow. I assume the market is hoping for a miss. If we get 500,000 jobs again, the market's going to get 12. It's going to zero. We didn't expect that but enough people apparently.
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