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Hedgeye Investing Summit | Jim Bianco, President of Bianco Research

Hedgeye Podcasts

CHAPTER

The Importance of Zero Risk in the Stock Market

Even the Federal Reserve is telling me there might be a mild recession later this year. I'll happily pay 17 for earnings for the S&P in zero and an expansion but not with 5%. The potential of a mild recession coming that's too much to be paying for the market. If interest rates stay up it will siphon more and more money off making that hurdle even harder to get over.

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