Lead-Lag Live cover image

Darius Dale and Michael Gayed: Uncovering the Secrets of Global Liquidity & US Business Cycles

Lead-Lag Live

00:00

The Bear Market and Bonds

There are plenty of bear markets, but there's way more bear markets than the ones we discussed in our sample. We do expect phase two credit cycle downturn to be the part of the bear market where the bonds actually perform that function in your portfolio. But from a cyclical standpoint, the bond market, money markets haven't priced in enough easing for what's likely to happen over the next 12-18 months.

Play episode from 45:10
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app