You do raise a good point. I don't think any major repricing is going to happen overnight, but the cracks are certainly growing in number.
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You do raise a good point. I don't think any major repricing is going to happen overnight, but the cracks are certainly growing in number.
All of our markets have basically been nationalized. The actual economy can be in a depression yet market will stay propped up above fair value. It's wacky.