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Protecting Your Portfolio: David Hay and Michael Gayed Discuss Strategies Amid Quantitative Easing

Lead-Lag Live

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The Importance of Being Short-Term

Everyone's become more short-term and more ADD, ADHD and the way they approach investing. John Maynard Keynes had a great quote about that. When an economy becomes a virtual casino, then the job of capitalism is all done. And I mean, you look at these one-day expiration options and how much that was dominating. The financial markets right now, you're seeing tremendous retail enthusiasm. You're seeing a lot of caution on the part of institutions.

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