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Keeping it Simple | Ep. 20: Secular, Cyclical... it's all a fubar fugazi!

Keeping it Simple with Simplify Asset Management

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Are We in a Recession Are We Not?

The Fed is clearly at a point where it's beyond restrictive. And the actual aspects of the economy, whether those are housing or autos are not only in the toilet but heading even worse from what we're seeing. The lagged dynamics associated with that really haven't even begun to hit so we haven't seen payrolls contracted all in the housing sector. It's hard to not see that as imminently ahead. Eric and I think our policy towards destroying the economic potential at this point in time is likely to further stunt that.

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