The Default Cycle Has Just Begun
The Loonie Hour
Is This the First One of Its Kind in This Cycle?
I worry that we're going to continue to see with these interest rates, people that aren't going to be able to close. So no one can finance anything, basically. It's just like the boring power just has been crunched. I'm still struggling to say this is going to be a sustained rally given the level of stress test interest rates are still really high.
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