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Christopher Cole – Small Bets, Huge Payoffs - [Invest Like the Best, EP.13]
Invest Like the Best with Patrick O'Shaughnessy
The World Hasn't Ended, Is There a Combination of Central Bank Activity and Valuation?
Is it possible that they can engineer forever an environment we will never have another 20 % draw down in markets, where markets can be continuously propped up by central banking? Can capitalism function? Or will we go into a regime where there's just helicopter money, ultra low, zero rates forever. I'm not like ben burnanke, though, when ben burnanke says he's a hundred % certain that he's correct, that scares me. It really scares me. Because i am very reasonably certain this will end in some element of vall,. Whether it's market vall, whether it's social vall, or whether it's war.
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