Hedge fund portfolio manager Chris Nicholson joins the podcast to discuss his outlook on volatility, interest rates, and other markets.
Forecasting these assets has become increasingly problematic in recent years, but there are a few thing Nicholson looks to in an effort to identify opportunities for arbitrage.
Content (Spotify listeners can skip to the segment directly by clicking on the timestamp):
- U.S. equity prices are determined largely by two axes (3:40);
- Inflation expectations have been, well, inflated. This speaks for the relative value of certain bonds (7:03);
- What drives inflation anyway? (11:38);
- Where to look in currencies (19:05);
- Nicholson's Number One recommendation for investors: take the cheap borrow. Where to put it is the question (21:40);
- Sometimes being contrarian is not the smart move. This may be one of those times, at least in FX markets (23:38);
- China and the yuan versus the Japanese yen (29:24);
- Equity markets in the U.S. and Japan (33:06);
- The portfolio manager's concern about a second wave of COVID (35:40);
- Other issues that could be catalysts in 2020 (40:39);
- How to trade these views (46:18);
For more information on the guest:
Not intended as investment advice