The first quarter was pretty ugly, but interestingly, hetch funds didn't really have redemptions. I think there's a chance this cracks in in september because of the redemption cycle. By then, will be selling, you know, not all the liquid stuff, because that's not sellable. People realizing this isn't a magic tap that you turn on and off.
MacroVoices Erik Townsend and Patrick Ceresna welcome Gavekal co-founder Louis-Vincent Gave to the show. Louis has a different take on the impact of U.S. seizure of foreign-owned assets, and he also shares his outlook for bonds, the dollar, stocks, and precious metals. https://bit.ly/3G5dOmI
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