AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
5min snip
Fed's Stealth Liquidity Is Fueling A Stock Market Rally | Michael Howell
On The Margin
The Fall of US Treasuries
The unsustainable increase in debt could lead to interest payments surpassing current expenditures by 140-150% in the future. Stan Druckenmiller, previously ignoring debt when making investment decisions, is now letting it impact his strategies due to its increasing importance in the market. Factors contributing to this shift include the reversal of declining defense spending, the ending of easy access to funding through holding government debt, and the decreasing interest in US Treasuries by Japanese households due to rising inflation in Japan. This shift in investment preferences away from US Treasuries towards other assets like equities, real estate, gold, and crypto poses a threat to the stability of the Treasury market, indicating a potential decline in demand and a significant impact on the market.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode