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Ep. 986: Karen Petrou Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Fed's View on Ultra Low Interest Rates

The Fed's view has always been that ultra low interest rates are good for lower wage workers. Unless you're willing to take tremendous risks, no American without access to the financial market or who already owns a home has long-term financial family security and the ability to retire with anything other than minimal social security payments. The more money you pour into the stock market at these high leverage rates, there's a lot of money in financial markets chasing yield,.

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