New Bull or Bullsh*t?
MRKT Matrix
00:00
I Would Call Bull Crap on This Rally
The yields are coming down because fear went up, not necessarily because the Fed is going to suddenly cut rates. The only way that they actually act in a dovish manner is if the economy weakens and we're starting to see that. So I would call bull crap on this rally. You always have to look at what is the longer term trend. It was everything that had done really poorly up until mid October.
Transcript
Play full episode
