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When Will Stocks Break?

MRKT Matrix

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The Looming Default Wave Threatens to Shatter the Calm and the Equity Markets

Bloomberg article says looming defaults, threatened chain reaction from credit into stocks. Jamie Diamond also spoke to the fact that in the real estate market, we're going to see a bunch of bankruptcies. The thing that I look at to sort of gauge that is the HYG. We don't have to pull it up because it doesn't move. But I will tell you, you know, it's 74 in change.

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