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Bridgewater Associates -- a top quant shop -- is very bearish on banks -- they shot out a letter to clients TODAY and it brings home the point people keep wanting to tuck under the rug: the debt creation infrastructure has been debilitated and bank's ability to generate new income isn't going to return to normalcy for SEVERAL more quarters.
Apr 29 23:21 pm
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All Comments by Dan Jacome »Still Too Early For Banks [View article]