
MacroVoices #289 Jim Bianco: Persistent Inflation/ Bond Yields/ DeFi
Macro Voices
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How to Make Money in Bond Markets
Don't think that we go from an inflation bottom, secular turn to some magically high number on inflation right away. That can still be a decade plus way. Butfor right now, we're talking about a bottoming of inflation. With bond yields at negative real yield, they get very wobbly with the stock market. The floes in the bond market are largely coming from central banks. All that money then reaches for risk and buys stocks or index funds.
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