Remove Economics Remove Financial Systems Remove Treasury Remove Valuation
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Transcript: Edward Chancellor

Barry Ritholtz

CHANCELLOR: And look — yeah, but then if you look at the valuation of the market at that time, the market was — the U.S. CHANCELLOR: And look — yeah, but then if you look at the valuation of the market at that time, the market was — the U.S. They’re actually just buying long dollars, treasuries.

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Transcript: Rick Rieder

Barry Ritholtz

But since you mentioned getting return on the risk you take, how do you think about duration when the three-month Treasury is more or less the same or better than the 10-year? Now, we’re shifting to more international places like China, Europe, et cetera, that are really growing, and that valuations are cheaper. RIEDER: Yeah.

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Trump Unveils Measures To Combat Economic Impact of Virus

PYMNTS

President Donald Trump unveiled a number of executive actions designed to blunt at least some of the economic impact of the coronavirus, which continues to spread across the United States. Added Corbat, the head of Citigroup: “This is not a financial crisis…the banks and the financial system are in sound shape and we are here to help.”

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Transcript: Zeke Faux, Number Go Up

Barry Ritholtz

This, this is true with every pump and up scheme, every pyramid scheme, and it, it comes out in some of the court documents later that in, in some of the corporate Slack accounts, one, one of the people say they should be the director of Ponzi economics. Put it in Riskless Treasuries. Tell us what is Ponzi nos?

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