Cash Is Still King
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The Safety Dance Back Into Cash
Katy, James and Els have been talking about the safety dance back into cash. Right now, a six months treasury b bill yields as much as a ten year treasury note with like, magnitude less duration. Is this the new tina? Is this thenew tina? I've heard so many tortured new academs for there is no alternative. What about sell the rip? Is the new by the dip? That one's just really hard to say on the fly.
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