Ep 389. Interest Rate Hike, Credit Suisse’s Failure, and Other Banking + Economic Risks on the Horizon
Focused Compounding
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The Preferential Stock Is Down 65% and the Common Is Down 53%
At one point, the preferred was down about 65% and at the same time, the common stock,. a pack West was down 53%. So the preferred for a little while there, a little bit there was down a good amount more than the actual equity. And at this point has the preferred recovered higher than the common or what's happened? It has. Now the preferred is down 47% where the common is down 58%.
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