Macro Caution on Long-Term Bond Exposure

29 days ago

"When you look at the fixed income market, the small yields don't justify risking currency fluctuations. Plus, we all know that they're going to print more money. So, it's unlikely that the long-term exposure to bonds will give any value. It's better to have zero exposure to that."

The speaker highlights that the fixed income market's low yields are not worth the currency risks and continual money printing, making long-term bond holdings unattractive. He suggests a cautious approach with zero bond exposure given the limited upside compared to the risks.

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