Ellerston's Gillespie Says Yields Could Hit 3.5%

The video discusses Gillespie's trading strategy, which involves identifying mismatches between market fundamentals and prices, using complex trading strategies to profit from significant market moves. Recently, his fund saw a 7% increase due to a bond market sell-off. Looking ahead, Gillespie anticipates rising bond yields driven by inflation, which could lead to further bond market losses. The impact on equities depends on the speed of bond yield increases; gradual rises may allow equities to grow, while rapid increases could harm the stock market.

What is the core of Gillespie's investment strategy?

• Investing in cryptocurrency

• Investing in real estate

• Focusing on short-term stock trading

• Identifying mismatches between fundamentals and market prices

What did Gillespie anticipate that led to significant profits?

• A drop in real estate values

• A rise in bond yields

• An increase in gold prices

• A decrease in stock prices

What does Gillespie predict will drive bond yields higher later this year?

• A drop in oil prices

• A significant rise in inflation

• A decrease in consumer spending

• An increase in unemployment rates

How does Gillespie view the potential impact of rising bond yields on equities?

• Equities will definitely crash

• Equities will remain unaffected

• The impact depends on the speed of yield increases

• Equities will see massive gains

What scenario does Gillespie believe could lead to 'carnage' in the stock market?

• Stable bond yields throughout the year

• A decrease in bond yields

• A rapid increase in bond yields within a short period

• A gradual rise in bond yields