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Pod 25. July FOMC, Rate hikes, and What is happening with markets at all time highs

Unusual Whales

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The Currency Effects of the Donkey Kong Dollar Peg

China has done diametrically the opposite of what we've done here so this whole great China reopening trade why a lot of people got it wrong I think was to view this revenge spending that occurred here from a you know and extrapolated to China. They they actually their response to COVID was diametrically opposite to oursWe flooded the market with monetary and fiscal bazookas to support the consumer. They locked down for an additional 18 months and offered no such support in either case if anything there are three three red lines policy to curb property speculation have worked a little bit too well, now their policy responses have been very very tepid.

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