Where Are We In The Bull Market? | Jurrien Timmer
In this episode, Jurrien Timmer joins the show to discuss where we are in the current bull market, the push & pull between earnings and valuations, and the various influences on interest rates. We also delve into when the US debt level becomes a real problem, monetary hedges, and much more. Enjoy! __ Follow Jurrien: https://x.com/TimmerFidelity Follow Felix: https://x.com/fejau_inc Follow Forward Guidance: https://twitter.com/ForwardGuidance Forward Guidance Newsletter: https://blockworks.co/newsletter/forwardguidance Follow Blockworks: https://twitter.com/Blockworks_ __ Ledger, the world leader in digital asset security for consumers and enterprises, proudly sponsors Forward Guidance, where traditional finance meets crypto. As Ledger celebrates a decade of securing 20% of the world’s crypto assets, it offers a secure gateway for those entering digital finance. Buy a LEDGER™ device today and protect your assets with top-tier security technology. Buy now on Ledger.com. — Timestamps: (00:00) Introduction (01:14) Where Are We in the Bull Market? (04:22) Is this Bull Market Unique? (07:07) Economic Resilience to Short Rates (09:12) Quantitative Tightening & Liquidity (12:39) Election Impact on Markets (15:54) Unpacking the Move in Yields (22:20) Outlook for Risk Assets (26:39) Earnings vs Valuation (34:52) Ledger Ad (35:37) Did We Achieve A Soft Landing? (37:32) Inflation Reacceleration Risk (42:02) Gold, Bitcoin & Monetary Hedges (45:40) Path To Negative Real Rates (49:07) When Does The US Level Debt Actually Matter? (56:42) Learn More About Jurrien __ Disclaimer: 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.