Stocks vs. Bonds: Who’s Right?

Published on
June 13th, 2019
Duration
16 minutes

Stocks vs. Bonds: Who’s Right?

Trade Ideas ·
Featuring Michael Purves

Published on: June 13th, 2019 • Duration: 16 minutes

Michael Purves, chief global strategist at Weeden & Co., revisits his short utilities trade from last month and highlights the current dichotomy between bonds and the stock market. He takes a deep dive into both the bullish and bearish arguments for Treasuries and the S&P 500, points out why shorting volatility make sense right now, and considers a specific put option on the VIX to make the trade, in this interview with Justine Underhill. Filmed on June 12, 2019

Comments

Transcript

  • AR
    Adarsh R.
    14 June 2019 @ 05:39
    "Extended" valuation is not a valid reason for why something "should" go down and/or sell off. Expensive can become more expensive. I do not agree with his analysis at all. However, I respect the hell out of this guy for taking ownership on a bad trade call.
  • ii
    ida i.
    13 June 2019 @ 21:51
    finally someone who has the guts to comment a trade not going well, thank you so much
  • AC
    Andree C.
    13 June 2019 @ 21:45
    Anybody know how to keep track of the Fed’s VIX related positions? St Louis Fed website?