Wave of U.S. Treasury Issuance Puts Pressure On Bond Market | Prometheus Macro

Sep 6, 2023

Aahan Menon, Founder of Prometheus Research, discusses his macro outlook, the wave of U.S. Treasury issuance, and potential headwinds for assets. Topics include measuring liquidity, the impact of Treasury issuance on the bond market, and the state of credit. They also talk about shorting assets and the democratization of finance by Prometheus Macro.

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Introduction

00:00 • 3min

Net Interest Expense and the Sustainability of an Inverted Yield Curve

02:57 • 2min

The Impact of Treasury Issuance on the Bond Market

04:42 • 19min

Recessions, Inflation, and the Federal Reserve's Objectives

23:45 • 15min

The State of Credit: Loans, Delinquencies, and the Impact on the Economy

38:25 • 5min

The Sustainability of Current Conditions and Shorting Bonds

43:18 • 16min

Prometheus Macro: Democratizing Finance and Providing Institutional-Quality Tools to Everyday Investors

59:41 • 3min

On todays episode, Aahan Menon Founder of Prometheus Research joins the show for a discussion on his current macro outlook looking at the economy, growth, markets & liquidity.

With a wave of U.S Treasury issuance on the horizon, Aahan explains why he now sees a perfect opportunity to be short stocks & bonds and he expects further headwinds for assets in this environment. To hear Aahan explain why, and much more, you'll have to tune in!

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Timecodes:

(00:00) Introduction

(00:27) Progressing Through A Tightening Cycle

(07:57) How To Measure Liquidity

(15:51) A Wave Of U.S Treasury Issuance Is On The Horizon

(24:09) Is The Fed Behind The Curve?

(29:10) Inflation

(38:25) Credit Is Contracting, Just Not Enough... Yet

(43:17) When To Shift From Short Stocks & Bonds

(50:44) Private vs Public Sector Liquidity

(59:41) Prometheus Research

Disclaimer: Nothing discussed on Forward Guidance 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.