period where the Fed goes back and forth, where it pivots with rate hikes, and then it pivots with rate cuts, and then it's forth back to rate hikes. So this could be a scenario which has been in my mind for some time now. But I would focus on liquidity risk and on counterparty risk. And I would be very patient and very prudent, because I think well, the ability is here to stay in slightly to increase. And in 2008, all the debt from the banks went to the government. And now the government, we're seeing the government experiencing issues which are seen in their currencies. So I think people need to be very careful. And if I were an investor running other people's money, because I'm not right now, I would reduce my exposure. I'd be having a low gross exposure just to be safe, because I think we haven't seen the end of it. This is the end of the beginning as Brent likes to say. So let's be patient and wait it out. That's my two cents. Michael, you and the other Michael Cow are both two (87/92)
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