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Get Ready for April's Epic Stock Market Correction – Exclusive Dan Niles Insights!

Lead-Lag Live

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The Fed's Bias in Stimulating Inflation

I was early in saying that I made it a point in media appearances to say that inflation shocks are deflationary. And I'd argue we may be starting to see some of that because with inflation shocks come interest rate shocks, which is also morphing into this financial crisis. We entered this year with $620 billion in unrealized losses against a capital base of these banks of $2.2 trillion. So it's like anything like, I think the title to this slide deck is, how did you go bankrupt?

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