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Keeping it Simple | Ep. 20: Secular, Cyclical... it's all a fubar fugazi!

Keeping it Simple with Simplify Asset Management

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What's Going to Happen to the Housing and Goods Sectors?

Housing and goods as a percentage of GDP is going to be secularly under pressure. That means that without exogenous demand, meaning increases in debt,. You're not going to be able to sustain levels of housing and goods activity near the long term average we're going below now. It's almost impossible for your 4% inflation to come true unless we choose to continue accelerating debt higher and higher. Immigration could impact this positively or negatively but it won't give in our current structure.

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