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Bearish but Priced In

The Compound and Friends

00:00

The Inverted Yield Curve and Shrinking Monetary Aggregates

Small and mid-sized enterprises who do business with local banks are going to have trouble accessing working capital or you know anything really more revolvers. Commercial real estate again is the bread and butter of the regional bank. It's not that JP Morgan Chase won't step in and make some loans it's that they're not looking for a 20 person construction firm. That seems very problematic to me.

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