The reflation trade is dead on a tactical level due to this… The G3 credit impulse is the worst since 2008…. The signs are numerous. Day of reckoning is coming.

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https://twitter.com/PuffDragon11/status/1432879448509005825

https://twitter.com/TonyNashNerd/status/1432871948074246144

Is Junk Bonds (JNK) Poor Performance A Red Flag For Investors?

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