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Podcast: Money Life with Chuck Jaffe
Episode: Forget the Fed, fiscal policy may be more important than monetary moving forward
Description: Rick Pitcairn, chief global strategist at Pitcairn, says that while the markets have been dominated by monetary policy for the last decade or more, the next 20 years will see fiscal policy will be equally or more important because of how the government borrows money and what it needs to take on in new debts to keep rolling. Pitcairn acknowledges that the current dysfunction in Washington worries him about how policies will be set and the potential fallout from gridlock. In the Market Call, Dan Kim, senior investment analyst at Saturna Capital -- co-manager of the Sextant International fund...