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Did the Fed just kickstart Paradigm D?

Did the Fed just kickstart Paradigm D?

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 Darius breaks down the Fed’s shift toward a more dovish, expansionary policy framework — a move that raises the probability that Paradigm C and Paradigm D may operate simultaneously. We explain why this pivot turns five of the six major macro cycles into powerful tailwinds for risk assets and increases the odds of bubbles forming in stocks, gold, and Bitcoin.
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