Ep. 460: Billionaire Words with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Historical Narrative Due for You Today in 2016
What happened in 2007, 2008 wasn't the resolution of a long-term debt cycle. It continued on because still the debts are high in relation to the income and still you're close to a zero interest rate. So what the Federal Reserve is doing by putting more money into the economy is it's having that money allow more spending without raising debts. And how does any of that translate to buying and selling? What's the connective tissue?"
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