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A comment on U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Recession. Parent comment

Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by icelancer on Wednesday April 29, 2020 @10:09AM (#23019401)
>> It is a bet on the continued support of the market by the Fed.

Pretty much this. The Fed is backstopping losses. Betting against them post-2008 is a tough position to be in.

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