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Episode 45: Punchy Flash Podcast; Global Inflation Surge; What it Means for Asset Prices

Complexity Premia

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Discussion on Historical Bank Failures and Current Market Risks

This chapter delves into the dangers posed by commercial real estate and Lazy Development exposures that have historically caused bank failures, impacting major institutions like ANZ and Westpac. It also addresses the current scenario of tight credit spreads in private credit and high yield debt securities, signaling a lack of assimilation of previous financial market lessons by investors.

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