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Howard Marks on China, Risk, and Interest Rates
Motley Fool Money
Is the New World Order a Good Idea?
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Howard Kurtz: It sounds to me, Howard, like you were describing a much better environment than we've had in a long time for pensions. What are some of the other areas that will benefit from the new world order? He says it's basically everything on the lending side of the equation - cash, treasuries, high grades and private lending now yields double or low double digits.urtz: Distressed debt funds should be able to make more money in a more target rich environment.
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