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Daily Archives: November 24, 2022
Pension deficits growing and widely understated
I have been writing for years about the train wreck unfolding in pension funds and individual retirement accounts that have migrated towards riskier holdings, leverage, “alternative,” and private equity allocations over the last 12 years of ultra-loose financial conditions. Needless … Continue reading
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Further downside for risk markets
On today’s edition of “Boiler Room,” Alfonso Peccatiello is joined by Eric Basmajian for a discussion on the rising risks of recession into 2023. With a focus on the cyclical & secular forces driving the global economy, Eric shares his … Continue reading
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