Liberal Forum

Vegas » Today, 9:30 am » wrote: ↑

Today, 9:30 am

Ah, there it is. Post a headline, copy a strategist quote, then demand definitions from everyone else like you’re moderating a spelling bee for adults. Another proud entry in the “Ask and Vanish” collection.

 But sure, since we're pretending this is a seminar and not dodge #81 in progress:

 No rush. I fully expect the answer to be “post the OP” or “define macro.” Dodge #82 is warming up its legs right now.

As fiduciaries (A distinction you can't be made to understand. Not that it is very difficult, mind you.) fund managers must manage their clients' monies in a defensible manner. 

From the perspective of their incentives, being in cash produces a drag on returns.
(This is yet another of many concepts you are too stupid to grasp, so don't  ask.) Accordingly, those with a history of acting on false signals now make their living appearing on FOX.


Acknowledge that you've been answered.