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Who’s lifting $SPX? Oh yeah …

July 7, 2019 by Alex Mark

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via @VolatilityQ:

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Borrowing against art is surging because art, like all other assets, can’t go down.

In September 2007 the FOMC began cutting rates with stock markets at All Time Highs and the U3 rate at 4.7%, up only 0.3% from the recent low.

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