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BONUS: Tony Dwyer Offers A Pilot’s Perspective On “Landings”

RiskReversal Pod

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Is the Fed Getting Aggressive?

There's a point at the end of the decline where bad news is bad news. The Fed was actually buying mortgage debt in a housing boom. Real liquidity is historically weak. Money supply is negative year over year for the first time in history. A recession builds up that money availability to really kickstart growth.

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