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  • Jeffrey Saut: A Rally in the Works? [View article]
    I agree with your general thesis. However, there is a frightening element to this for the general public; who can you trust?
    The situation created by financial-government duopoly is an headache for the average investor (and also for a lot of professionals). 1st you are forced to go into risky assets since "safe" yields are down to nothing. 2nd, on top of the economic risk, you bear systemic, fraud and complacency risks that are very difficult to quantify.
    Is the current risk premium on risky assets enough to compensate these risks?
    Dec 16 15:31 pm |Rating: 0 0
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