Wealthion - Be Financially Resilient cover image

Thinking We'll Avoid Recession Is Delusional | Michael Green

Wealthion - Be Financially Resilient

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The Levered Short End of the Treasury Curve

If we're going to see higher inflation further out that means the entire interest rate curve has reset higher. We'll see a curve steepening, which from this level of inversion in twos tens around 90 basis points biases me towards being at the front of the curve. I think there's some deep value stuff that's kind of interesting where the cash flow characteristics are high enough that you're really not actually paying for much. And if my other work is at all hopeful, the Black Rocks and Vanguard's, etc. The world I think are going to come under a lot of pressure. But those would be areas that I would in general be biasing people towards quality.

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