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Liquidity Has “Dried Up,” Says $100 Billion Investor | Jeffrey Sherman
Forward Guidance
What's Happening in One Direction Market?
Liquidity's been pretty poor this year, but that's what happens in one direction market. I think people are doing the revenge travel. They're going out and spending money after being cooped up for a couple of years. So ultimately, i think the liquidity isn't there because the money isn't there,. And then you have the feds going to tighten on the other side about putty supply of securities into the market place.
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