Time Stamps
What Happened Last Week – 00:18
What’s Happening Next Week – 03:42
Nick’s Update – 15:28
Links to Articles
1) https://www.reuters.com/markets/us/feds-waller-increasingly-confident-policy-is-right-spot-2023-11-28/
2) https://www.reuters.com/markets/europe/euro-zone-inflation-tumbles-pitting-ecb-against-markets-2023-11-30/
13 Responses
Trying something new with the videos. Let me know if you want me to keep doing this or go back to regular programming.
Can we get Andy some good lighting? Maybe https://www.bhphotovideo.com/c/product/1508052-REG/westcott_4450_18_bi_color_led_ring.html
I’ll see what I can do.
Ben, keep doing but maybe keep charts on screen for longer if possible. 3 charts (2:40 to 3:00) flashed by really fast.
The idea is that you can stop the video to examine the chart at your leisure and then keep going at your own speed. Everyone will want differing times to absorb the information…
Fair enough, but at these intervals they are on screen for such a short time that having to stop and go back becomes the default, whereas a couple of extra seconds would probably not require halts.
Got it, I can add those below as well. For viewing either before or after the video.
Great video and appreciate the week by week data-driven approach.
On emerging market debt, how do you view the path for USD denominated debt. vs local currency? As a non-US investor, I’m currently holding both in a 50%/50% split.
For the individual bonds, it’d be great if you could create a brief primer video on how these work (or spend a portion of Nick’s ending section on it). A screenshare using IBKR would be terrific.
Thanks!
https://2graybeards.com/cash-bonds/
Thank you.
Hello Chaps, great video. relatively new UK subscriber. Do you have any views on what the USD might do in the next 12 months? i.e should I hedge these UST positions?
As a Brit myself, I can tell you that you definitely want to have a decent % of your savings in USD as opposed to GBP, for the long term, regardless of current spot rate (ie: just hold $ and invest in $ securities and forget the FX risk on that portion of your savings). Has not failed me for 40 years. Seen it well above 2 and at 1.05, but it always comes back down eventually. That being said, I currently can’t see too many reasons for GBPUSD to do too much: interest rate differentials are pretty stable. However, we will pay a lot more attention to $ movements next year, so we should be able to warn you if some big move is likely or makes sense to forecast.
Thanks Nick, thats very helpful.