AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
6min chapter
Episode 119: John Hempton - Cutting through the uncertainty
Inside the Rope with David Clark
How Are You Feeling About the Next 12 Months?
John, given all the things that are going on, it's always interesting times in markets. How would you encourage investors to think about the next 12 months? That's ugly. Asset prices are sufficiently high around the world that your expectation for returns has to be extremely low, or negative. I could imagine making a lot of money on the bank of ireland position, but only if the world works out the way that i just suggested. It's far from obvious that that'll happen. But as a general rule, asset prices are very, very high and bonds a telling you the expected real returns ae negative.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode