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Oil’s Big Breakdown, and a Special Earnings-Focused Second Hour 7/12/22

CNBC's "Fast Money"

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The Value Traps of Equity Strategy

Chris harvey: Value traps are everywhere. Early cyclicals trading at two, three, four, five times earnings not revenues. High yield credit is a concern in this domino effect of the marketycredit is a concern. These early sycaval cycrals are hard to defend and Ernes are going to be re raded down.

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