Published on: September 12th, 2019 • Duration: 34 minutes
In his Real Vision debut, Mark Orsley, head of macro strategy at Prism FP, explains why the increasingly crowded bet on a steepening yield curve trade might work over the short-term. He adds, however, that over long-term, the risk-reward of an investment based on interest rates' "convergence to zero" could make sense as well. Orsley puts his macro view in the context of what he sees as a dovish Fed pivot and deteriorating economic fundamentals in the U.S. Filmed on September 10, 2019 in New York.
