
MacroVoices #330 Julian Brigden: Hyper-Financialization Is The New Inflation
Macro Voices
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Millennials Are Not Trading Crypto, They're Trading Stocks
i can tell you, in conversations i've had with wealth managers and private family offices, theyare all gagging for a rally so they could try and get out. Not one saw this coming. Worst case, they just haven't capitulated yet. Seems like j powell wants to be the new paul volkar. So we're headed to 20 % interest rates. But wait a minute, Paul volkar said before he died that that approach would never work to day because we've got so much more debt to contend with. Where does it leave yield? I mean, we're not going to get rest back to poor vulca type levels. It doesn't mean ta, we
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