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The Year of Disappointment (EP.303)

Animal Spirits Podcast

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The Negative Correlation Between Overpriced Options and Negative Returns

A lot of these options and whatever, it's overpriced and it's hard to make money because it's such an attractive strategy. The problem is people only want to own them after that event has happened. They're doing the opposite of what they should do. We are not in a recession right now. Unequivocally, this is not a recession. There's no way we're in a recession. I don't think they've been watching our shows enough.

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