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Episode 33: Fixed-Income Opportunity Now and Down the Road

Guggenheim Macro Markets

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The Importance of Diversification in the Late Cycle

Adam Silkenmelly Bank was a shock and we're still feeling some of the reverberations with the first Republic. The biggest lesson to be taken away is the importance of diversification, whether it's the sector or individual issuer level. We'll ultimately get paid more to be a liquidity provider in the future than we're getting paid right now. Being patient, especially with the high level of income, we can get from low risk assets at the moment is incredibly valuable.

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