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Hedgeye Investing Summit VIII: Michael Taylor, Portfolio Manager, PINK Shares for the Cure

Hedgeye Podcasts

CHAPTER

The Secret to the Universe Is Calculus

We're just coming off the mother of all pychi peaks in growth. The government right now is spending about 15 % a tax revenue to pay those coupons. If that coupon doubles or goes up by 70 %, well all a sudden the government's going to have to dole out 30%. And we can't let that hapeent, cause we run into the death doom loop where we have inflation and negative g d p growth. I believe it's not about the election, in my view, whatc our good froncil bath sat. i actually think it's about finding a spot on the yield curve where the treasury can finance at a low yield. That will be an inverted

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