3min chapter

Animal Spirits Podcast cover image

Do Valuations Matter? (EP.320)

Animal Spirits Podcast

CHAPTER

Why the Fed Aggressively Raised Rates Did Not Lead to a Recession

We underestimated the impact of fiscal stimulus and how much people actually had in their pocketbooks. The effective yield on corporate debt, Sam Roar had a chart that he posted is like 3.1 percent. In long-term rates, I know the 30 year treasury rate has been going up, but it's still what? It's still relatively low,. Shouldn't we just be interesting long issuing long-term debt at this point? If we want to keep the interest expense down?

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