Lessons From The Asian Financial Crisis | Russell Napier
Forward Guidance
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The Problems With Index Composition
Juke: High quality companies that thrive in a disinflationary environment they may not do so well in the inflation environment that you envision yeah i absolutely believe that's correct. In a momentum oriented market the index is just the index and that's fine but occasionally and not very often in a career you come to a great structural break and a great structural change. Juke: This is definitely not a time to be following an index because it's at a structural break a structural shift and everything that's worked for the last 30 or 40 years may not work anymore. The future is forcing savings institutions to buy bonds and sell equities they can only sell what they own and that's everything in
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