In this episode, Capital Flows joins the show to discuss his macro philosophy & framework, why he was bullish after the VIX surge, and his views on the yield curve. We also discuss the equity bull market, whether the Fed will allow a recession, and the key drivers of bitcoin's price. Enjoy!
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Timestamps:
(00:00) Introduction
(01:59) Capital Flows Research & Strategy
(04:49) Macro Philosophy
(07:48) Macro Framework
(11:39) Bullish After VIX Surge
(15:26) Credit & Duration Risk
(18:46) Mantra Ad
(19:26) Interest Rate Expectations
(25:51) Bull Vs Bear Steepener
(27:27) What's Priced Into The Curve
(30:38) Permissionless Ad
(31:17) What's Driving The Equity Bull Market
(36:31) Upside Tail Risks
(39:31) Will The Fed Allow An Extended Recession?
(43:58) Bitcoin Price Drivers
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Disclaimer: Nothing discussed on On The Margin 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.
