Agree on your last paragraph. (Nicely put, by the way). I spent some time on this yesterday and my summary was that any investment was just going to be a punt on the size of the downgrade. And even then, with what would be the 4th downgrade in 6 months, who can say then that it'll be the last. I'm a Pass for now, even with some capitulation going on at the moment.Been there, done that.........
Agree on your last paragraph. (Nicely put, by the way). I spent...
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