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Danny Moses - The Big Short and Beyond - [Invest Like the Best, EP.34]
Invest Like the Best with Patrick O'Shaughnessy
The Dislocation of the Fixed Income Market
There was a period of time though where spreads were widening in the fixed income market and the equities were still holding in. And there was a massive dislocation. I would say that when the stock started to drop, it kind of gave us a little bit more confidence on what we were seeing. We knew once that happened that the other side was going to follow suit.
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