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Keeping it Simple | Ep. 19: Narrative Nation… Cool Story Bro…

Keeping it Simple with Simplify Asset Management

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Is the Yield Curve Inverted?

I use the dynamic of the newspaper starting on page 16 right Harley you and I can look at the chart on the right and say we know us fiscal policy is an issue. But when it makes it to page one everybody says oh my god we're going bankrupt well in which case we're all kind of screwed anyway or we're not going to go bankrupt. This is exactly what you did with a interest rate strategy product where you looked at it and saidEverybody knows that bonds work to protect your portfolio  and so in 2021 you created a product that faded that view. The exact same thing is actually happening in inflation, he argues.

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