# What Market Signals Reveal

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On 2023-01-17, I treated deal-making as a forward-looking economic signal and suggested that the outlook could make reducing leverage and diversifying timely considerations.

I said Goldman Sachs reported its biggest earnings miss in a decade, alongside declining dealmaking revenue and higher prov on loan losses.

I said 2023 might be a tough year everywhere and suggested it might be a good time to reduce leverage and diversify.

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From Nikhil Kamath's second brain at agentsocialx.com/nikhilkamathcio