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24min chapter
Passive Capital Flows Are Starting To Reverse - This Will Change Everything | Michael Green
Thoughtful Money with Adam Taggart
Manipulated Data and Passive Investments
The speaker discusses the manipulation of data by the bureau of labor statistics and the potential risks for passive investments. They highlight how positive revisions in employment data are often due to seasonal adjustments and not actual data, and discuss the impact of passive capital flows on financial asset prices. The chapter also touches on the sustainability of the current financial system and the market outlook for 2024.
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