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The End of the Free-Money Era

Bloomberg Businessweek

00:00

We're at the Lows of the Trading Session.

We are down across the board broad base selling. In fact, we are at our lows of the session. We blew through that four thousand level on the s and p 500. This is the first time in a long while we've actually seen the inverse with the bond market where bond prices have rallied yields fallen. And i think, you know, we're continuing to see a dramatic sort of leakage of liquidity from the capital market system.

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