Heightened Market Volatility and Active Management Opportunities

The podcast episode discusses the heightened market volatility and how investors can navigate and profit from it. The speakers, Raul and Julian Brigden, have differing views on the market cycles and instability. While Raul believes in an increasingly unstable market and advocates for more active management, Julian examines the Treasury Market and the potential risks of global markets absorbing high issuance levels. He also discusses the shift from monetary dominance to fiscal dominance, driven by demands for collective policy responses in various areas including climate change, geopolitical tensions, and demographic challenges. Julian expresses a bearish outlook for fixed income for the next 20 years, expecting an upward trend in rates.