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Month: August 2006

August 15, 2006
Disappearing Liquidity: Let's Don't Wait Til the Water Runs Dry
Published in Peter L. Bernstein's Economics & Portfolio Strategy, August 15, 2006 Two years before the financial crisis, Ted warns of excessive liquidity in the markets and suggests a prescription to protect capital against an eventual change in regime. Those following the recipe may have substantially protected capital when the financial crisis took hold. Click […]
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