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Archive of entries posted on 10th May 2017

Not much to worry about. But that doesn’t stop us worrying

Friends worry about: + They have too much money in real estate.They don’t. Household formation and new business formation is strong. + Stock prices are too high. Some are. + Nobody seems to be worried about anything — since they can’t think of an imminent black swan event. Derivatives? Student loans? Lousy mortgage-backed securities? Nup. […]