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Special Report: Tech Earnings, Venture Debt & Hollywood on Strike 7/14/23

Mad Money w/ Jim Cramer

00:00

The Fed Jacked Interest Rates Up 21 Fold

Long duration assets were slaughtered last year the bond market now that's long duration as well but it's usually a flight to safety vehicle. The bond market last year had its worst year since this set sometime in the 1700s. We do believe we're going to see deflation which we're already seeing at many places but even in the broader based indices and the Fed will have to adjust.

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