If Cash Is King, Are Stocks Trash?
Real Vision: Finance & Investing
00:00
Is the Fed Too Hawkish?
Financial conditions are too loose for inflationary forces if they are secular that's number one however they're too tight for financial assets that are in my view extremely expensive. One of them that I think will have to become a huge part of this narrative is going to have to be oil prices and you look at the 10 year yields rising and copper prices rising recently and it seems to me that there's a catch-up trade there where oil needs to go higher as well.
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