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Transcript: Cliff Asness

Barry Ritholtz

RITHOLTZ: Right, ASNESS: Compared to any forecast or trailing version of inflation and doing that consistently through time, bonds were about tied with giving you the least they’ve ever given you. But we don’t trade on a 10-year forecast. But imagine you have a forecast. This is a 5 to 10-year view. RITHOLTZ: Right.