In the last few months the Fed has aggressively changed the direction of its rhetoric and policy, but what does that mean for investors? Charlie McElligott, managing director of cross-asset strategy at Nomura Holdings, discusses the March "Fed Rate Cut Panic". He says it caused the rally in U.S. fixed income to overheat and created a bearish narrative on a potential recession. This may present investors with an opportunity to fade the consensus "slow-flation" story and reallocate assets accordingly. Filmed on April 8, 2019 in New York.
In "Investment Ideas," Real Vision seeks out the market's best medium- and longer-term opportunities. The show is designed to provide actionable takeaways for investors with longer time horizons.