Government doesn't do that
Posted on: February 17, 2020 at 10:25:36 CT
ashtray UF
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It's priced into the market. What he's saying is that the market isn't assigning enough risk into the valuation. I wouldn't short the market based on his opinion, though. Especially since it may or may not play out. He sounds like an alarmist, and yes, his being a professor at cal-davie probably has something to do with his opinion.