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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Yesterday morning investors were in trouble. The last six months were the worst in the stock market since 1970. As for the bond market, they were the worst since George Washington was president.
It's one of Wall Street's oldest chestnut bits of advice, but that doesn't mean you shouldn't follow it.
Take control of your own situation. Ignore the technocrats....AAPL
January 06, 2021 TRANSCRIPT Andrew Metrick: Thanks a lot for joining us today, Paul. We appreciate it. You’re a great citizen for us at Yale. I want to ask you some questions about what we’ve learned over this last year on your topics of expertise. First, markets were overwhelmed by transaction flows as the COVID crisis began last spring. In response, some have called for the Federal Reserve to establish a broad repurchase facility to help finance the intermediation of such flows. Others have suggested a shift to central clearing of Treasury trades to ease market pressures in times of...