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Is It a Tail Risk or a Base Risk?
Consumer sentiment is at a low, but i think it's also important to recognize how bifercated that is. You could see those at the bottom begin to feel much etter at the expense of those at the top. And in a situation where the markets are not happy about that, because it means that the pendulum his swung from owner of capital to employees of ca. The question is what does it mean if we've seen bond prices and stock prices pique simultaneously?