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It wasn’t just a pivot, Powell admits the US economy is in trouble as unemployment has already started rising. While that’s its own can of worms, there are also more monetary and financial considerations related to what happened early in August. CLOs, collateral, stock market liquidations, all tied to what the Fed just agreed to.Video Length: 00:21:48More By This Author:Job Market Revised Down 800,000 (Payroll Crash)
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