In this episode, Jurrien Timmer joins the show to discuss where we are in the current bull market, the push & pull between earnings and valuations, and the various influences on interest rates. We also delve into when the US debt level becomes a real problem, monetary hedges, and much more. Enjoy!
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Timestamps:
(00:00) Introduction
(01:14) Where Are We in the Bull Market?
(04:22) Is this Bull Market Unique?
(07:07) Economic Resilience to Short Rates
(09:12) Quantitative Tightening & Liquidity
(12:39) Election Impact on Markets
(15:54) Unpacking the Move in Yields
(22:20) Outlook for Risk Assets
(26:39) Earnings vs Valuation
(34:52) Ledger Ad
(35:37) Did We Achieve A Soft Landing?
(37:32) Inflation Reacceleration Risk
(42:02) Gold, Bitcoin & Monetary Hedges
(45:40) Path To Negative Real Rates
(49:07) When Does The US Level Debt Actually Matter?
(56:42) Learn More About Jurrien
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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
