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Detailed text transcripts for TV channel - MSNBC - 20180205:20:44:00

Normalcy. why dont the investors not understand normalcy. >> the critical issue is even though race -- the rates are low, the percentage increase is high. and so when you are going -- youre talking about nearly a doubling of interest rates over a year. so even though it is low, think about it in those terms and the marginal impact is much greater and we hit the tipping point and where well have some bite. because we have so accustomed to the low rate and low payments for so long, you could reall...
Interest Rates Why Don T Collateral Damage Tipping Point John Harwood Point On Set

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