Sep 26, 2021
Jay Pestrichelli, CEO of ZEGA Financial is back to discuss key market themes including comparing September to other months. Guess Which month is the worst? Evergrande in China and what is going on with their bonds. The Fed Taper and interest rates. Economy and GDP growth slowing? Housing starts along trendline. Plus, myths about portfolio hedging.
Evergrande in China
China’s Three Red Lines Debt Policy
Evergrande bond prices and ratings are pricing in defaults
Evergrande is not new. How long has price been telling investors there is an issue?
The Fed likely to Taper and effects on markets and interest rates
Stagflation?
September is the worst month historically.
Sell in May and go away a misnomer?
Hedging myths
Everything you think you know about hedging is wrong
Mentioned in this Episode:
Contact Derek derek.moore@zegafinancial.com
Derek Moore’s Book Broken Pie Chart https://www.amazon.com/Broken-Pie-Chart-Investment-Portfolio/dp/1787435547?ref_=nav_signin&
What is China’s 3 Red lines Policy https://www.ubs.com/global/en/asset-management/insights/china/2021/china-three-red-lines.html
Jay Pestrichelli’s book Buy and Hedge https://amzn.to/3o6QGgm
Everything You Think You Know About Hedging is Wrong article https://zegafinancial.com/blog/everything-you-think-you-know-about-hedging-is-wrong
Understanding Bonds Interest Rate Risk and TIPS Bonds Treasury Inflation Protected Securitieshttps://podcasts.apple.com/us/podcast/tips-inflation-protected-bonds-explained-interest-rate/id1432836154?i=1000535445537
Talking Inflation, All-Time Market Highs, Interest Rates, Covid, Housing, & More https://podcasts.apple.com/us/podcast/talking-inflation-all-time-market-highs-interest-rates/id1432836154?i=1000533456019