Surveillance: Financial Conditions with Peters (Podcast)
Bloomberg Surveillance
00:00
Financial Conditions Have to Worsen, Gregg?
The financial condition picture has been much stronger than i think iv fed anticipated. I do believe risk assets hase to cheapen up more. We're coming on this margin type of environment, all this operating leverage embedded in these capital structures that cuts both way. If you actually seea down and revenues, that's going to have the opposite benefit that we saw coming out of the apandemic.
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