The Money Is In The Thinking (guest: Morris Sachs)
The Market Huddle
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Bonds and Steaks Aren't Helping You Okay Okay Okay OK Okay Okay I Got a Question and It Relates to the Two Year Moving Up
The two-year is the first new high in this cycle since 1982. The Fed stopped lowering rates at 6% and then raise them to almost 10 before the economy rolled over. This was the first time you had an economic experiment like we had during the COVID right so was that an exogenous event never to be repeated? If they get inflation back to 2 percent that's 150 basis points real return for a long bond.
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