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S&P Closes in on Bear Market, and Why Gold’s Rally is “Scary” 06/10/22

CNBC's "Fast Money"

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Introduction

All major indexs within a whisper of their loads of the year. The two year treasury yields surging above the three % mark for the first time since all the way back in two thousand and eight. A michigan confidence number that was not just a low number, but the lowest on record. And they continually foll o market ileke ted steve's nodding. How should i vesters set themselves up right now? Timsymore, you're over there. I'm channelling my interlebron james right now. But we're talking about banks, not in ships. They're calling for a 75 basis point rate hike at the fed meeting just next week.

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