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2015-12-15 — wallstreetexaminer.com
``The high-yield credit market is officially in a Super Crash. It's as bad as 2008-2009... If you look at credit spreads, oil, and numbers like the PMI, it would be unprecedented for the Fed to raise rates in such an ugly environment, but these are unusual times and this Fed is unusually incompetent... [but] If they don't raise rates, we'll see a 500-point down day in the Dow. That suggests that the Fed will most likely stick to its plan to raise rates for the first time in nearly a decade. ''
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