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I Hate Government Bonds, You Know?
This is our first actually in person recording with hereso. Government bonds are an interesting one because everyone's heard of them, but i don't think anyone knows what they are. You either get repaid, or the bond defaults. And those are the two binery outcomes. Riht ye, you hear from a lot of people that the bond market tends to tell the truth, whereas equitys can get here's the neat thing, there was a time when rates were not manipulated. That certainly the bond guy seemed to be more up on the demacro events than equity guys.