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Axios
Axios

Why credit risks are jarring Wall Street

The blowups of First Brands and Tricolor — while unusual given the allegations of financial irregularities against them — have still rattled investors already jittery over an uncertain economy.

Why it matters: If bad loans like those at the two collapsed companies emerge elsewhere, investors are likely to accelerate a move away from risk.

  • And that could be the straw that breaks this bull market's back.
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