BREAKDOWN: The Bond Market Is the Truth Teller No One Heeds, Feat. George Goncalves

A veteran bond strategist gives his take on why the bond market has a better read than equities on short-term and long-term macro trends.

This episode is sponsored by Bitstamp and Crypto.com.

Today on the Brief:

• More bad news from jobless claims and the GDP
• The big tech hearing was a whole bunch of nothing; watch TikTok instead
• Robinhood dives into Kodak (but so do illegal insider traders)

Our main conversation is with independent bond strategist George Goncalves.

We discuss:

• How the bond market watches Federal Reserve meetings
• What, if anything, was new about this week’s FOMC meeting
• What it means that the bond market and equities market tell different stories
• Why the bond market has been telling a long-term story of slowing growth
• Whether institutional investors are actually moving away from government debt and into gold
• Why Judy Shelton should have a place on the Federal Reserve

Find our guest online:

Twitter: @bondstrategist