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I wouldn't say that we will enter in a phase of lower return structurally,

but I sense that we have ahead of us a period with certainly more complicated returns.

Hello and welcome to the Baron StreetWise podcast. I'm Jack Howe. The voice you just heard

is Ludwitch Subran. He's the chief economist at Allianz and we'll hear from him on

where and how to invest now. We'll also talk about the debt ceiling standoff,

including Wall Street Forecast and a review of the rules of fiscal chicken.

Listening in is our audio producer Meta. Hi Meta. Hey Jack. We heard some concerns. Didn't we?

Some notes. A bunch of notes from listeners who had questions about the audio quality

the past couple of episodes. It's an oopsie. On our part, we changed our location and they're

building these audio studios at work, but they weren't quite ready. So we jumped into a different room.

And I don't think it's been working out. But it's not Meta's fault, of course. And we've got our

regular setup for now until the new studio is ready. I think the audio quality should be all right.

How does it sound? I think it sounds great. If you jump into a cab and go to the nearest airport,

okay. We'll roll from there. Just right on the tarmac next to it. Let's say an arriving or

departing plane with that thing. Sounds perfect. I was thinking I could just back away from the microphone

and say like an empty paper towel roll like this and just kind of talk you through it from over here.

Maybe just some pig noises. You know what? We'll work on it in a little bit. For now, how about we

get to some list of questions? Yeah, that sounds good. Hey Jack, my name is Aaron Salsman,

...