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Fed Funds Rates - Is That a Mountain Range?
From 1982 to 2022, we've pretty much enjoyed a spectacular 40-year bull market in bonds. So I don't think usually, when rates move up this much, economy slows and we're coming. The Fed is going to let this restricted policy percolate through the system. This year, just ride a central bank that is going to pause. But can you ride through it with, it's not going to be like last year.