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Jeff Snider: The Credit Crunch Is Here As Ultra Rare Bond Market Signal Flashes Red For First Time Since 2008
Forward Guidance
The Consequences of Credit Crunch
The current financial situation could lead to a credit crunch for financial and non-financial firms caught up in wholesale market difficulties./nLessons from the 2008 Bear Sterns failure caused a systemic rupture and highlighted the lack of a reliable backstop for financial risks./nInvestors may face higher risks and greater uncertainties due to market difficulties and lack of support.
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