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The Fed is Crushing the Economy | Weekly Roundup

Supply Shock

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Long Term Capital and Leverage

i don't disagree with when genius failed it there. But i think this period right now is a very much about a leverage and the abuse of leverage, and and the misunderstanding leverage. And that's what sunk long term capital. I wish i would have ben able to take it with me, but it's in a file drawer somewhere at university north carolina. Nois is direct fund, no hedge and no fund. That makes sense for convergence trading. We know with absolute certainty that in 365 days, a 30 year bond becomes a 29 year bond, and the price falsifive basis points, that is absolutely certain. You can lever that up as much as you want, as long

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