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Transcripts For CNBC Power Lunch 20160929

This is a sign the story implies of mounting counterparty concerns. Now, remember, they have thousand of counterparties out here, so this is a small group. But there you see Deutsche Bank down about 6 . Its had an immediate effect on our market here, perhaps an oversized effect. If you look at the s p 500 because as the story came out, we were tooling along just about in the unchanged level, you can see that it, too, dropped rather noticeably. Theres the dow industrials. Put up the bank index, the kbe and here in the United States, which is a basket of all the large banks here in the United States and that immediately dropped. Take a look at the bank here. This gives you indication of whatever, if any probably have nothing to do with jpmorgan for example. Even its to the downside. Signs this is a bit likely on the excessive side. Hardly likely theres an impact on jpmorgan at all. Rest of the market, there was a general decline overall. Even Consumer Discretionary stocks. No impact from

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