
Episode 76 | Michael A Gayed - Portfolio Manager
A TRADER'S LIFE
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The Volatility of the Market in 2023
The effect of higher rates on average, I think, should mean more risk because higher rates against a starting point of extremely high leverage and debt in the system. So if I'm right that we're in a cycle that results in more volatility pulses, then all that means in terms of this year is to prepare for some more gut-wrenching movements. Right? Now, selfishly, I want to see that because in my world, I need some of these volatility spikes,. But there is a logic to the idea that we're well past an era of low-vall, smooth market movements.
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