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Bad News is Good News

The Compound and Friends

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What's the Point of Active Passive Management and the US Stock Market?

Kylo: The Federal Reserve is raising rates. That creates a safe haven for the dollar, as you all know. And that is just wreaking havoc on countries that have dollar-denominated debt. So this isn't the first time this has happened. We've seen this and it created quite a lot of havoc. It really ruined the economies of emerging markets for years in the 90s.

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