2min chapter

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What's the negative catalyst? (EP.291)

Animal Spirits Podcast

CHAPTER

The Relative Attractivity of the Stock Market

The funny thing is that relative attractiveness, it didn't really stop people in the past. It makes a bigger deal now that rates were so low. Back then people still took risk because they were more used to those high rates. If rates stay at 4% for the next decade, you can have another bubble. Because people will get used to 4%. It's just the baseline.

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