2024 has been great to investors, but watch out in 2025...
Debt refinancing creates a "too big to fail" scenario for the bond market itself. No wonder institutional investors keep buying stocks even at these valuations: with the Fed forced to protect bond prices, risk assets have an invisible safety net.
Great interview James! Thanks for sharing it with us
Debt refinancing creates a "too big to fail" scenario for the bond market itself. No wonder institutional investors keep buying stocks even at these valuations: with the Fed forced to protect bond prices, risk assets have an invisible safety net.
Great interview James! Thanks for sharing it with us