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The Most Powerful Man in Washington Stays Put, How to Buy a Correction (with Tony Dwyer)
The Compound and Friends
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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