Show Us Your Portfolio: Cem Karsan
Excess Returns
00:00
The Importance of Money Supply in the Equity Market
The economy was very strong during that time, better, stronger than it's been recently. But the equity market did very poorly. Long duration bonds got crushed because interest rates went to 20%. So if you have history and you understand the importance of money supply right in the system, you will understand that equity markets do very poorly. Not about this is not about the economy.
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