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mid November to about uh mid-march we were in Goldilocks and over the past kind of four weeks or so weve kind of been battling between Goldilocks and reflation reflation I want to say a couple weeks ago overtook Goldilocks as the uh as the dominant regime and so okay so that the Baton has been passed from Goldilocks to reflation exactly and eventually we expect the Baton to be passed from inflation to inflation thats a riskof regime we dont know that were there yet but we we are uh concern that that instead you we thought that the go the risk on regime the condition of markets with the last uh you know IST into the third quarter however the the fundamental changes in our research that suggested that we might have to pull that [Music] forward welcome to thoughtful money Im its founder and your host Adam tager when I last interviewed todays guest back in late December he said that the forecast generated by his proprietary model made him about as bullish as hed ever been on stocks
