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Visualizing the Investments of the Ultra-Wealthy
Source: Visual Capitalist
He probably has a point ->
"Key measures of inflation have reaccelerated in recent months...The implication for investors is that the Fed will keep rates high until nonfarm payrolls go negative, because that is what is needed to get inflation under control:" Apollo's Slok through Lisa Abramowitz
The money market yield spike upends a ton of business models. In this case, landlording in the US
Inded, multifamily cap rate is now BELOW cash rate... Source: Jeff Weniger
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