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Howard Marks, The State of the Market

Motley Fool Money

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Navigating Debt Markets and Fiscal Challenges

This chapter discusses the complexities of current debt markets and their impact on equity, particularly in relation to recent tariff changes. It highlights concerns about the rising U.S. national debt and its implications for fiscal policy, interest rates, and the global economy. The conversation also touches on the challenges faced by corporate debt and the struggles of retail investors in an opaque bond market.

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