Howard Marks on China, Risk, and Interest Rates
Motley Fool Money
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Navigating the End of Easy Finance
This chapter explores the transformative economic changes shaped by aggressive Federal Reserve policies over the past thirteen years, including low interest rates and quantitative easing. It examines the impending shift towards more challenging financial conditions, advocating for the importance of disciplined investment strategies as the era of easy borrowing concludes. The discussion also reflects on historical lessons and the need for prudent decision-making to mitigate moral hazards in today's unpredictable market.
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