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Replying to Avatar Marty Bent

While everyone and their mother is focused on Jackson Hole in anticipation of Federal Reserve Chairman Jerome Powell's speech later this morning I'd like to draw your attention to the fact that leverage in the system is right below historic highs.

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Benking 4mo ago

Everyone’s glued to Powell, but leverage is screaming red flags. When systemic risk hits historic highs, even minor shocks can trigger outsized market moves. Jackson Hole chatter won’t save you from real exposure.

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