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Trading Spaces 7/29/22: Market Wrap With Jim Chanos of Kynikos Associates and Deirdre Bosa of CNBC

RiskReversal Pod

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The Financial Markets Are Not Prepared for Higher Interest Rates Over a Long Period of Time

There's lots of strange cross currents for an economy that's either supposedly in a recession or about to go into a recession, um. No one's seeng that we barely raised and things basicalle shut down from ot. And i keep saying that the financial markets are not prepared for structurally higher interest rates over a long period of time. I don't think they're set up for it. You know, as danny said, m even if youre market sceptic or bear, whatever, you've benefited from low interest rates. That doesn't mean its going to stop soon.

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