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3min chapter
The Bear Market Is Here, What Next? | Joseph Wang & Alfonso Peccatiello
Forward Guidance
The Margin Cold Days - Why Did You Want to Have a Meeting to Day?
A alfonso a paccatiello, until very recently, was managing a 20 an dollar fixed income portfolioo in europe. Things in europe are actually even more crazy than what's going on in the us. A lot of people play the market with a lot of leverage and once they to a certain level, their brokers are going to have to sell their acid holdings in order to make margin. And that that's that makes prices go down. So you can have a very disorderly, a disorderly situation.
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