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2min chapter
The Round Trip (EP.259)
Animal Spirits Podcast
Capitulation or Question Mark Valuation?
The market has gone but now they've seen three point three trillion dollars in acits erace this year, which is about 20 billion dollars in annual free revenue. Almost all of it is due to the bar market tax. Only nine % is because of outflow. Actually actively managed a u m stayed high because the market was going up, and it kind of masked money not going in any more.
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