Andy Constan: The Bond Market Will Take The Stock Market Down With It
Forward Guidance is sponsored by VanEck.\nLearn more about VanEck Bitcoin Trust (HODL) http://vaneck.com/HODLFG.\nVanEck Bitcoin Trust (HODL) Prospectus: https://vaneck.com/us/hodlprospectus.\n__\nFollow Andy Constan on Twitter https://twitter.com/dampedspring\nFollow Two Gray Beards on Twitter https://twitter.com/2Graybeards\nFollow VanEck on Twitter https://twitter.com/vaneck_us\nFollow Jack Farley on Twitter https://twitter.com/JackFarley96\nFollow Forward Guidance on Twitter https://twitter.com/ForwardGuidance\nFollow Blockworks on Twitter https://twitter.com/Blockworks_\n__\nTimestamps:\n(00:00) Introduction\n(00:16) The Script\n(02:49) Andy's Current View: Bearish On Stocks And Bonds, Bullish on Two-Year Notes\n(04:17) Bond Market Might Be Underpricing The Chance Of A Recession\n(07:29) Treasury Plumbing (Quarterly Refunding Announcement)\n(13:10) At What Point Will Buyers Return To The Treasury Market?\n(17:13) VaEck Ad\n(18:15) How To Trade Something That Has So Many Drivers (Such As S&P 500)\n(22:35) Stock Bond Correlation\n(30:17) May Fed Meeting\n(31:36) Odds That The Fed Hikes In 2024 (Rather Than Cuts)\n(33:28) Andy Likes Two Year Notes Even Though He Thinks The Fed Could Not Cut At All This Year\n(34:59) Andy Gets In-The-Weeds On Options-Implied Path of Fed Policy\n(39:05) What Would It Take For Andy To Become Bullish On Stocks?\n(41:24) Gold's Sudden Rise\n(44:53) The Japanese Yen\n(46:54) The Pressures On Interest Rates Will Emanate From The United States\n(47:37) Chinese Equity Market\n(49:35) Fed's Decision To Taper Quantitative Tightening (QT)\n\n__\nDisclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.