Michael Arone

Michael Arone, Chief Investment Strategist at State Street Investment Management, shares his insights on macroeconomic trends. He discusses how persistent government deficits and monetary policy have become tailwinds for risk assets. Arone delves into the implications of rising government debt on long-term rates and the reasons behind the recent drop in yields. The conversation covers the potential risks and rewards of the AI boom, market concentration, and the historic cycles of bubbles, leaving listeners with a cautiously optimistic outlook on investing.