2min chapter

Forward Guidance cover image

Will Janet Yellen Pull the Trigger? | Andy Constan

Forward Guidance

CHAPTER

How Bond Risk Premiums Affect Stock Prices

Bond risk premiums have a negative correlation with stock prices. Stocks go up when growth rises, and bonds go down when it falls. In the last tightening cycle in 94, bond risk premiums exploded as stocks fell. So what happened in 2020 is growth went to zero? And so stocks fell. And bonds saw growth going to zero, so they railed.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

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

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