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Liquidity Has Fallen Off A Cliff | Joseph Wang & Michael Howell
Forward Guidance
Global Liquidity Index
Joseph whadyou gree that now is not the time to jump head first into the pinch of the pool. I'm glad to be on the exact same side as miche on this. I think at there's a lot more pain to come. And we've seen something like a impercent terms, a 50, 55 % drop in that liquidity index. We'll see that spreading out, ultimately into house prices. So i think that this is very much a liquidity phenomenon.
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