Powell Spooks Markets, More Job Cuts at Meta
Bloomberg Tech
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The Biggest Concern to the Market Right Now
As bond yields go up, bonds look more attractive as a substitute to equity. So we're getting net equity outflows into the bond market. And that's a higher level of the capital structure. So they have lower risk and change. Somebody does go bankrupt. Google specifically Google and meta or alphabet and meta, really are going to be under margin pressure if we go under recession.
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