subprime is going to be a recurring theme well into next year and investors should be aware more is to come.
However, the human mind get used to recurrent bad news quite quickly. So the effects will be buffered, this is unlike the previous market down turns where a single relatively short event trigger massive run out.
Not that I am selling, but I think it's only fair to understand that in such a leveraged market, subprime's ramifications are far and wide.
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