Aron kennan is co founder and ceo at clear harbor asset management. He joins us down o the phone from stamford, connecticut. Aron: We've rallied off of that early low, achievedan in arch by, call it 9 or 10%. And we're only down 3 to 5 % on the equity side this year. But i do worry that the ebbing of liquidity that we will still very much see this year, as already in the cards.

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