Janus' Maris Sees 'Changed Playbook' for Investors

The video discusses the Federal Reserve's response to significant market trends, particularly the reversal of a decade-long disinflationary trend leading to inflation. It highlights the impact of deglobalization on inflation and market volatility, suggesting that long-term investors can capitalize on mispriced assets during volatile times. The primary cause of inflation is identified as deglobalization, driven by national security concerns and supply chain disruptions.

What is the primary focus of the Federal Reserve's current actions according to the speaker?

• Increasing employment rates

• Addressing short-term market fluctuations

• Reducing national debt

• Responding to powerful secular trends

How does the speaker suggest long-term investors should approach market volatility?

• Identify and invest in mispriced assets

• Focus on short-term trading strategies

• Avoid investing until the market stabilizes

• Diversify investments across multiple sectors

What is identified as a major cause of the current inflationary trend?

• Deglobalization

• Increased consumer spending

• Technological advancements

• Government subsidies

What are some reasons for the trend of deglobalization mentioned in the transcript?

• Reduction in international trade barriers

• Increased global cooperation

• National security and supply chain disruptions

• Technological innovation and automation

What impact does onshoring have on the global economy according to the speaker?

• It leads to lower interest rates

• It stabilizes currency exchange rates

• It reduces inflationary pressures

• It creates inflationary pressures