A veteran bond strategist gives his take on why the bond market has a better read than equities on short-term and long-term macro trends.
This episode is sponsored by Bitstamp and Crypto.com.
Today on the Brief:
More bad news from jobless claims and the GDP
The big tech hearing was a whole bunch of nothing; watch TikTok instead
Robinhood dives into Kodak (but so do illegal insider traders)
Our main conversation is with independent bond strategist George Goncalves.
We discuss:
How the bond market watches Federal Reserve meetings
What, if anything, was new about this week’s FOMC meeting
What it means that the bond market and equities market tell different stories
Why the bond market has been telling a long-term story of slowing growth
Whether institutional investors are actually moving away from government debt and into gold
Why Judy Shelton should have a place on the Federal Reserve
Find our guest online:
Twitter: @bondstrategist
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