The Most Powerful Man in Washington Stays Put, How to Buy a Correction (with Tony Dwyer)
The Compound and Friends
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Are We Owed the Money to Our Own Pension Plans?
The biggest player in treasuries is not China, it's our own pension plans. Every year you have to make 7% to be funded to be able to pay your beneficiaries. If you're 60% fixed income now, which is so many of them, how can you do that? So that's why they have to be 10% snowflake and Adobe and Zoom video. That's the barbell.
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