The Case For Bonds | Alfonso Peccatiello
b'Alfonso (\\u201cAlf\\u201d) Peccatiello, founder of The Macro Compass and host of The Macro Trading Floor, returns to Forward Guidance to argue why he is starting to like bonds at this point in the business cycle. Alf and Jack discuss inflation, the labor market, the Fed hiking cycle, \\u201chigher for longer,\\u201d the housing market, the earnings cycle, and how all of these factors affect the future performance of longer-duration Treasury bonds.\\n\\nFilmed on March 2, 2023.\\n--\\nFollow Alf on Twitter https://twitter.com/MacroAlf\\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\\nThe Macro Compass on Substack: https://themacrocompass.substack.com/\\nThe Macro Compass: https://www.themacrocompass.com/subscribe/\\n--\\nUse code GUIDANCE10 to get 10% off Permissionless 2023 in Austin:\\nhttps://blockworks.co/event/permissionless-2023\\n\\nResearch, news, data, governance and models \\u2013 now, all in one place. As a listener of Forward Guidance, you can use code GUIDANCE10 for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/\\n--\\nGet top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter:\\nhttps://rb.gy/5weeyw\\n\\nMarket commentary, charts, degen trade ideas, governance updates, token performance, can\\u2019t-miss-tweets and more. Subscribe to the Blockworks Research \\u201cDaily Debrief\\u201d Newsletter: https://rb.gy/feusos\\n--\\nTimestamps:\\n\\n(00:00) Introduction\\n(00:16) Alf\'s Framework for 2023\\n(08:37) Bond Market Is NOT Currently Pricing A True "Higher For Longer"\\n(15:06) The Housing Market\\n(28:22) Recession in June 2023, Says Alf\\n(33:16) Permissionless plug\\n(34:19) Decoupling - Could Oil & Copper Rise Even As U.S. Enters Recession?\\n(38:55) Alf\'s View On Bonds & Stocks\\n(45:04)\\xa0Is It Likely That Bonds Can Perform As The Fed Continues to Hike? (Jack\'s Question)\\n(48:35) Inflation\\n(52:29) Research Plug\\n(53:27) Are Consumers "Feeling The Heat?"\\n(56:36) Is It Time To Go Long, Or Time To Go Short, Or Time To Go Fishing?\\n(59:56) The Macro Compass\\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.'