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What Does a Full-Scale Risk Aversion Move Look Like

INDEX:SPX   S&P 500 Index
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What differentiates the 'The Great Financial Crisis' that was amplified by Lehman Brothers from some of the false starts on other key market developments that have transpired over the past six years? Will the S&P 500             cue the next 'risk off' phase or do we need to look wider?
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