Bonds: The Mother of All Bubbles

Published on
September 24th, 2019
9 minutes

Bonds: The Mother of All Bubbles

Trade Ideas ·
Featuring Michael Gayed

Published on: September 24th, 2019 • Duration: 9 minutes

Michael Gayed, CFA, portfolio manager at Pension Partners and author of the Lead-Lag Report, updates his thesis on reflation, and reviews where he thinks the yield curve is headed next. In this interview with Jake Merl, Gayed breaks down the Fed's decision to cut interest rates, highlights why more quantitative easing may prove bearish for bonds, and notes which sectors should outperform in the months to come. Filmed on September 23, 2019.