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The Year of Disappointment (EP.303)

Animal Spirits Podcast

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The Bear Market Update

There's been a lot of bear markets during a midterm election year and 100% of the time market has been higher a year later in every case except for one double digits. The explanation would be the elections bring uncertainty and after you pull that uncertainty out, then markets are fine. So I don't know. There's no narrative here, but you can craft an narrative if you want.

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