First, corporate junk bonds protested via their inability to rise in this distinctly risk-off environment (Wednesday and Thursday), and then attention shifted to where the banking chain is facing stress (DB today – this stock has been on my radar screen for quite a while already). Q4 2022 hedge fund letters, conferences and more The stock market results have been as predictable as the setup… Note not only the commodities underperformance vs. precious metals as new orders component keeps pointing solidly south – no, bull markets don‘t really start when LEIs still keep declining, no, I continu…

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