The Negative Effects of the YTD Rate Moves

The big money that owns this stuff just sits back and says, okay, good for me. There's about there's some problems out there. We're going to go back to shorting them heavily. And then what about value? Because Danny's a question about buy points, I think is a really important one. Let's say the S&P were to pull back to 4,000. That would be a point where if you're an intermediate to long-term investor, that's where you would want to place your bets.

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