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A Stock Market Worse Than 2008 & 2020 With Danny Moses

Lead-Lag Live

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The Leverage Isn't Sitting on the Big Banks, Right?

There's usually excessive leverage, right? That's the condition for something to happen. So it may not permit in the same way, but you can make an argument that leverage is obviously much higher than it was back and could make things even more fragile. You think about all the bonds that are out there that are going to be coming up for reset. Macy's took the time to pay down their debt. Probably, you know, and I think that's why the stocks acting well.

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