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Blood in the Water
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Blood in the Water

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The Credit Strategist
May 18, 2022
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Blood in the Water
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The chart below shows the magnitude of the current stock market sell-off before the recent bear market mini-rally: $7.6 trillion and counting. This is only a partial picture of global market losses suffered since the Federal Reserve shifted into tightening mode. Global equity and bond market capitalization declined by $23 trillion from their peak but st…

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