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Doug's avatar

Note how casually Warren tosses out a 30 year treasury yielding 9% as his bond example. I bet most readers on Substack have never seen a 9% Treasury. I’m not predicting their return, but nothing says the Fed has to stop at 5.5% or cut the discount rate next year either.

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Unknown Reader's avatar

He should have won a daytime academy award for that cameo in Loving.

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