Glitches, Knitting and Conference-Call Jokes - Bloomberg View:
The lesson here is that some people are pretty good at making relative-value fixed income bets, and they become famous, and they go on TV and Twitter and write goofy investment outlooks and people look to them to explain which equity markets are overvalued, and then they end up making pronouncements about things that are way outside of their area of expertise and that they have no intention of acting on, and people go around taking those pronouncements seriously even though they are not meant particularly seriously. Of course sometimes they're right.
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