Ep. 388: Logic Over Faith with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Importance of Uncertainty in Stocks
The irony of lower interest rates is that, well, you think it's going to help create jobs and make the workers more productive. And in fact, the M&A business, just two emerges in acquisitions, has doubled from four or five years ago, up to $2 trillion. Michael Atcovel: If low interest rates were just that simple of a panacea, we would never have recessions. He says if you want to buy and hold, trust the government and trust Wall Street, this is not for you.
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