Surveillance: Basak on Gorman Resigning
Bloomberg Surveillance
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Investing in a Slowing Economy
Is this period of time where you have an opportunity for outsized returns that won't come again after this period ends, after rates return and normalize? Right. You're going to see the same thing in the bond market because we are investing into a slowing economy. We're now talking about investing for 2024, looking over the horizon of the slowing economy to what the market will look like next year. And that's really what's going on in the markets right now as far as we're concerned.
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