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June 19, 2020: The coronavirus has accelerated a new paradigm of coordinated monetary and fiscal policy where central banks are printing money to finance large budget deficits and spark spending. Senior Portfolio Strategist Jim Haskel and co-CIO Ray Dalio explore why the by-product—zero or near-zero interest rates across the developed world—is a critical issue for investors to understand and how similar moments in history can provide valuable lessons to navigate volatility.
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