MaoXian Means Take a Risk
Sunday, October 14

Cliff Diving

How Low Can They Go? (Source: The Federal Reserve Board)

Look at how rapidly short term interest rates have fallen! After hitting a seven year high in 2000, they've plunged 65% so far this year. Yowza.

LLP made a nice crab dinner which we enjoyed with Yifan and her husband.

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Chairman MaoXian