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  <title>Howard Marks Memo: The Winds of Change</title>
  <description>In his latest  memo Howard Marks covers how businesses and investing are changing, inflation and deflation, democracy in America, the role of the Fed, China, and my personal favorite- how the boomers fucked us. Howard is phenomenal at framing large macro trends without assuming he has all the answers. Would love to hear from you. Rate, comment, subscribe on  Apple Podcasts and for the video edition- YouTube. Follow me on Twitter, Instagram, TikTok where I always post when a new show drops. </description>
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  <author_url>https://nogradient.com</author_url>
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