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Jeff Snider: The Credit Crunch Is Here As Ultra Rare Bond Market Signal Flashes Red For First Time Since 2008

Forward Guidance

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The Consequences of Credit Crunch

The last time this happened was 2008. The lessons of Bear Stearns apply not just to March of 2008, but I think we're seeing already March of 2023. Even a small credit crunch can turn into really big problems in an economy that is highly dependent upon the constant circulation of credit.

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