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Over the last 120yrs 98% of all
countries where sovereign debt/gdp
hit 130% ended up defaulting. (GS) |
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00:01 - 07/12/23 |
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The Fed may be done raising interest rates, but the tortuous
journey markets have taken are a reminder to stay humble in
the face of substantial economic and policy uncertainty |
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China is expected to set an ambitious growth goal for 2024
in a bid to snap this year’s malaise and overcome the drag
from its property slump |
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The percentage of Bears in the latest AAII Sentiment Poll
moved above 50%, the highest level of the year and above 96%
of historical readings |
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18 reports in a row, declines in the Conference Board's
Leading Economic Indicators |
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