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9min chapter
Earnings Outlook, Government Shutdown Potential Impacts
Bloomberg Businessweek
Investor Calmness Amidst Market Volatility
The chapter discusses the recent sell-off in bonds and stocks, the rise in oil prices, and the calmness of investors despite these events. The speaker expresses their perplexity at the investor's calmness and compares it to the panic that occurred just six months ago over interest rates. They raise concerns about complacent investor behavior and the lack of anticipation for potential economic weakening or higher interest rates.
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