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Darius Dale and Michael Gayed: Uncovering the Secrets of Global Liquidity & US Business Cycles

Lead-Lag Live

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The Probabilities of a Lost Decade

Darius Dale: Bonds represent a lot of value because they haven't had to price in the credit cycle downturn. But once they start, then that's when you see the bond prices rally will probably yield breakdown. He says he thinks 250 is a very reasonable target for senior paper and beyond that we're kind of in no man's land.

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