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#47: David Hay On Balancing Risk Management With Timely Opportunism

Superinvestors and the Art of Worldly Wisdom

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The Fed's Role in the Economy

The housing bubble really hit its apex in about 2007. And so then what does the Fed do at that point? Then they not only cut interest rates down to virtually nothing, then they start the infamous QEs. Here we have the mother of all QEs happening today.

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