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The Crockpot Recession (EP.304)

Animal Spirits Podcast

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Bond Investors Care About Duration Risk

Being in short term T-bills right now is the easiest decision you could make for your fixed income allocation. There's reinvestment risk, and then there's also, if rates do drop,. You're not gonna eat any juice, and then you're gonna have to reinvest at lower rates. If you think of recession as coming, your stocks are gonna get killed, that's why. But here's the thing, the Fed is not gonna drop rates from 5%.

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