Rising Rates, China, and Markets (Podcast)
Bloomberg Intelligence
00:00
The Fed Is the Enemy of the Rational
i call the fed the enemy of the rational. They'de been very, very difficult to anticipate if you wanted to behave a minimize or you no have a reasonable risk profile. At this point, i think there are things that are opportunistically available ifo want a little bit of risk. If you have too much risk on, you'd better be careful,. Because itis certainly a reasonable chance we keep going down in the short run.
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