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Behind the Memo: Sea Change

The Memo by Howard Marks

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The Memo by Howard Marks

Howard Marks: I don't know if it's going to last one year, two years or be a real sea change with some aspects of permanence. He says the Fed realizes it can't be in a stimulant mode on a permanent basis. The Memo is being made available for educational purposes only and should not be used for any other purpose.

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