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If You're Not Bullish Now...

The Compound and Friends

Investor Psychology and Corporate Borrowing for Growth

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The Federal funds rate and various financial institutions like City Group, Bank of America, Goldman, and JP Morgan are at all-time record highs. The speaker points out the need for people, especially portfolio managers and investors, to adjust to this reality. The financial system appears unaffected by the situation, but the speaker suggests it is primarily due to investor psychology. Additionally, the speaker mentions the impending impact on corporations that need to borrow for growth, indicating that the consequences of this situation have not materialized yet.

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