Many Happy Returns cover image

Markets Are Quiet. Too Quiet.

Many Happy Returns

00:00

The Importance of Macro Uncertainty

A AQR Capital Management report says macroeconomic uncertainty is currently highly elevated relative to history. When you look back through the data, typically volatility tends to pick up a lot and stock returns are negative. And this is kind of consistent with what Stanley Druckenmill has been saying, which is that it's really hard to forecast at the moment.

Transcript
Play full episode

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