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Surveillance: Real Yields with HSBC's Major

Bloomberg Surveillance

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What Do Non-Zombies Do in 2023?

High growth names when they stop growing high growthly get not only and earnings down great, but you get the multiple compression as well. There will be a wave of M&A coming from the non-zombies and cheap. You're going to have really fire sale of companies here for IP as well. Ultimately, the American consumer, I was looking at the unemployment data yesterday, the new claims data. We're at rock bottom. there is not a problem in the labor market here.

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