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December 5, 2025  |  Vol. 43, No. 23
December 5, 2025

A bright, AI-empowered light shines on the Fed; Senior securities are no longer prima facie “safe”; More on the building risks to life insurers and their vulnerable policy holders; A sugar-free show-me story; Fifty years in 584 pages; Never-ending stimulus doesn’t come cheap.

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