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Blackhawk Mining, the Credit Cycle, Toilet Paper & More

⚡️What to Make of the Credit Cycle. Part 28. (Long Financial Ingenuity.)⚡️

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Nobody questions that we’re late stage at this point. Lest you have any doubt, consider the following:

1. Enhanced CLOs

Per The Wall Street Journal:

A growing number of money managers are embracing a new strategy designed to benefit from volatility in junk-rated corporate loans, a s…

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