RE: Archegos Another Story Of Leverage
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I don't think the fallout is over. Right now we only have a few of the major banks report what happened, but there are going to be more in the coming days and weeks because of the earnings report. Only after that passes will we probably know whether or not other banks took heavy hits and how far the damage will be.
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Me neither, I think each prime broker is trying to do so much damage control and I'm sure there are other funds who were in on those same trades that got hit pretty hard. What amazes me is how the markets don't bother pricing in bad news, if its bad we print, if its good, well we're still printing. Markets just keep going up
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