As of noon, i don't think there's ever been a three dollar and 80 cent clothes absent some major war breakout or other event going on. What does it say? We've got an incredibly tight physical market. This big sell off has been the market pricing in the coming re ssion. But ultimately, i think we move much, much, much higher.
MacroVoices Erik Townsend and Patrick Ceresna welcome Harley Bassman (Convexity Maven) to the show to discuss the relationship between inflation and bond yields, why the stock market has been so resilient in the face of worsening macro data, and much more. https://bit.ly/3zkH2Mp
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