Bill Fleckenstein

In this discussion, Bill Fleckenstein, a veteran money manager and founder of Fleckenstein Capital, dives deep into the treacherous waters of the bond market. He reveals how soaring Treasury yields are straining federal debt, surpassing defense spending. Bill shares insights on the tricky balancing act the government faces in taming yields and the potential repercussions for the economy. With rising interest rates and a burgeoning national debt, he emphasizes the importance of cautious investment strategies, particularly in volatile times.