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“And then there's you cut because you have to recalibrate…” — Chat With Traders at 32:03

“And then there's you cut because you have to recalibrate policy. And so think of 2019, for example, there wasn't a recession. There were some risks on the horizon. It was really about taking out insurance against the possibility of some weakness and some uncertainty. And so this is to say, in summation, I have real…”

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