[2019 Letter] Longtime near-zero rates have created a liquidity trap: Klarman – ValueWalk Premium

[2019 Letter] Longtime near-zero rates have created a liquidity trap: Klarman

Another year is in the books, and 2020 is off and running. Baupost's Seth Klarman weighed in on what has been going on in the economy and the markets in his fourth-quarter letter to investors, which was reviewed by ValueWalk.

Also see Klarman’s thoughts from the letter on

 
Fed moves in 2019

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