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But still, a very nice performance relative to the markets or the average hedge fund there. Continuing to do well. They, of course, are no fans of zero Interest Rate policies, and they talk about that at some length in this letter as they often do. Recall that last quarter they talked about the biggest bond bubble in history may be where we are now. Now theyre saying the macroenvironment that concerns us the most is accelerating inflation, which is interesting because there have been concerns here about the opposite in the market. This may seem like a strange thing to worry about under the current circumstances, but the tide towards inflation could turn rather abruptly for a number of reasons. They go on to say that if you had a quick spike up in inflation, the Immediate Impact could be the collapse of bond prices and possibly but not inevitably a stock market crash. Now, a ....
In november. Scott, of course, is from South Carolina, where sanders is now stepping up his efforts, trying to deliver a major blow. Potentially a fatal one to his democratic opponents. That crucial primary is just now five days away, and tonight, President Trump is taking notice of the man who could very well be his 2020 rival, telling reporters Onboard Air Force one, quote, i actually think he would be tougher than most of the other candidates because hes like me, but i have a much bigger base. And marco rubios former Campaign Manager actually agrees about the threat from sanders. I thought the way he put it at the top of his wall street journal oped was perfect today. He writes, sanders isnt trumps challenger so much as his sequel. Heres the line, a bombast ....
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