Wrong Answer to the Right Question (guests: Russell Clark, Cem Karsan)
The Market Huddle
00:00
The Yield Curve Is Inverted
I disagree, Patrick. The yield curve is hugely inverted forever. There was lots of times that you could have hedged. But again, a transfer of risk. It's somebody still the bag holder. I think this is the thing where these institutions are too big and the number is too many trillions that you wouldn't be able to do it on the entire part. By no means do they're going to return to their highs nor do I believe they're ever going to buy or hold for long-term.
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