Behind the Memo: The Pendulum in International Affairs

In the latest episode of Behind the Memo, Howard discusses the
origins and important themes of his recent memo, The Pendulum in
International Affairs. Howard explains why one of his favorite
metaphors – the pendulum – can help investors understand
psychology, markets and foreign policy.


You can listen to The Pendulum in International Affairs in the
prior episode or read it here
(https://www.oaktreecapital.com/docs/default-source/memos/the-pendulum-in-intl-affairs.pdf?sfvrsn=53b17666_7).