There are many lucid observations in this segment. Worth a listen.
On this episode of the WTFinance podcast, I have the pleasure of speaking with Michael Green – Chief Strategist at Simplify Asset Management. Here is a direct video link.
The popular US 30-mortgage rate at 7.53% is the highest since August 2001 (shown below)–the massive increase in a short period restricts the ability to move, buy homes and consume goods and services of all kinds. And the shock is global. Underestimating the economic and financial ramifications is a mistake.
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