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Steve Hemingway's avatar

I enjoyed reading this. I very much like the fundamental analysis you do, and then your nod towards the fact that the market is very rarely wrong.

I must admit that the very high short-term inflation rates made me think that real rates were actually lower than it seems they are.

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Florian Kronawitter's avatar

Thanks, really appreciate it! Yes, that’s totally possible

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James's avatar

Thanks. I see there's a 5 yr TIP auction this morning. So I put in an order as a starter position.

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Leonard Blush's avatar

Nice write-up. Any thoughts on how the mismatch between needs of employers and and skill sets of the unemployed/unemployable play into this? Im general I'm concerned we've done a terrible job or prepping younger ppl for today's and the future's economy. Far different from the 1950s/1960s where being physically able alone could land you a decent job.

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Florian Kronawitter's avatar

Thank you. For me that has always been the US vs Northern European model, where you study what you later. Wasn't aware it was once different in the US. There is def a skill/demand mismatch eg in IRA-related work

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AncientSion's avatar

Fantastic analysis, thanks.

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