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Why Risk Appetite Is Back | Alfonso Peccatiello, Michael Kantrowitz, Andy Constan & Jack Farley
Forward Guidance
The European High Heeld Spreads Should Be Tightened
The European high heeld spread, if tightened by a hundred and forty bases poind in a month. It's pretty aggressive as a titening move. But i don't think the macro environment underlying supports this narrative for too much. The highly laverage business models a wild economic growt no, keeps deteriorating on is very likely to deteriorate going further.
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