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Resilient Investments, Including Gold, Are Matt McLennan’s Method for Building Lasting Wealth

WEALTHTRACK

CHAPTER

Is the Fed Really Constrained by Financial Conditions?

The peak level of debt to g p has been getting higher and higher over the last several economic cycles. The fetters alled a more hawkish posture, and that's been enough to create a correction in the stock market. And so at some point the credibility of policy makers will come into question - i think that's the risk that we face at this juncture.

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