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Bear Market Math (EP.280)

Animal Spirits Podcast

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Is It a Revolving Door or a Revolving Door?

Paul Tiambs' CFO says there's not going to be very many new homes built that will increase supply, which kind of stinks. Cal Shibet had a bet for 57 cents for above 7.5% on the peak 30 year fixed rate mortgage by December 29th, 2022. He got in on this and it's already up to 82%.

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