AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
Slaying the Inflation Dragon | Jurrien Timmer
Forward Guidance
Asset Allocation in a Mid to Late Cycle
In a late cycle, you might want to load up on bonds and be underweight on equities. That's my sense in that there's a specific flavor to this economic cycle where the Fed is tightening so rapidly. Earnings growth tends to still be growing, accelerating; that's the perfect backdrop for equities. But once you reach that peak, then of course, it's great time to own bonds and more defensive equities.
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