Great post. I struggle a bit with your proposition that long-end yields have primarily fallen due to political preferences. I agree it's not all due to demographics, but usually the argument is demographics + poor productivity + massive debt overhang = low R* and low long-end yields. You arguments on food inflation and a possible regime change after 40 years make a lot of sense. Also, you cut the pony tail! Great work, keep it up.
VIDEO - IS THE BOND BULL MARKET REALLY OVER
Hi Russell-I like this format.I like looking at people when they talk.I'm obviously not a millenial.
hi Russel, great blog. Really enjoying it.
Hi Russell, I liked the video and the slides. I was listening to it as I was driving around. Thanks for sharing.
Thanks, liked the format. Good to keep the duration to around 10' +/-. Appreciated.
Good going, given this is a recording is it feasible to add subtitles or a transcript?
Great post. I struggle a bit with your proposition that long-end yields have primarily fallen due to political preferences. I agree it's not all due to demographics, but usually the argument is demographics + poor productivity + massive debt overhang = low R* and low long-end yields. You arguments on food inflation and a possible regime change after 40 years make a lot of sense. Also, you cut the pony tail! Great work, keep it up.
Good video, don't skimp on the slides. More data points the better.
Like this format - you are a good orator