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US Bull, China Bear
Moody's Talks - Inside Economics
The Worst Is Over
We don't really know and have transparency into the balance sheets of small and medium sized regional banks or some of the larger regional banks. We do know that the regulators have a lot of insight. And if there being more patient in terms of any liquidity measures, anything else that they're doing, then they must be seeing a little bit of a calmer environment. So we assign a higher probability that the worst is probably over.
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