MacroVoices #361 Alex Gurevich: Jay Powell says, “Effects of tightening not yet felt.” Alex says, “No shit, Jay.”
Macro Voices
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Is It a Question of Relative Performance?
I think it's extremely unlikely that you could lose money on that trade. On a relative performance basis, I think that buying closer to the front of the curve gives you more punch,. But I think your trade is more conservative and more certain to have a positive outcome. The reason why I really like that trade is because it's a matter of style.
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