cnn
2026.07.27 14:58

Cunguang has generally dropped by 40-50%, feels like it's bottoming out. But the broader market hasn't fallen much yet; it would be satisfying if the broader market dropped another 10 points. Oh my god, this stock market crash is all thanks to rate hikes. Rate hikes caused leverage to blow up💥, leading to a panic run on banks; I really envy those with cash on hand.

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