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Premium to Humility (guest: Neil Azous)

The Market Huddle

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The Importance of the Credit Channel in Federal Reserve Policy

An economist is just a portfolio manager that doesn't have to mark to market. We call the strategist that because they trade without a stop. They can play the broken clock is twice a day game, you know, in perpetuity. And so we don't really pay a lot of attention to the strategy world. But yeah, I tend to discount what any of them say.

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