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Americans Love Borrowing Money (EP.326)

Animal Spirits Podcast

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Borrowing Money, Trading Options, and the Inverted Yield Curve

The speakers discuss the concept of borrowing money and trading options, emphasizing the enjoyment and entertainment aspects rather than the financial irresponsibility. They also delve into the launch of a new fund selling ultra short-dated options and analyze the inverted three-month and 10-year treasury curve's role as a recession indicator. The chapter touches upon credit spreads, US personal savings rate, and the counter cyclical approach to saving.

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