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Surveillance: Real Yields with HSBC's Major

Bloomberg Surveillance

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What's the Stochastic Event That Will Allow the Market to Reverse?

Stephen Major of HSBC says we shouldn't expect a return in the space of a year to what we had before. He thinks that three to five years out, we'll be back where we were in 2019. What is the stochastic event that will allow some of the carnage I see on my screen to reverse? That's right, Tom. It might even be a biomodal market.

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