Despite the Uncertainty, Stocks Keep Rallying

The transcript discusses the recent market rally, highlighting the role of technical indicators and the impact of net equity supply, which is projected to flatline due to share buybacks and M&A activities. It also explores the dynamics in debt markets, where investors are cash-rich, and the anticipated 'great rotation' into bond funds has not materialized. The discussion shifts to gold, noting its appeal amid global policy uncertainty and its complex relationship with interest rates. The transcript emphasizes the importance of understanding these market trends and indicators.

Discuss the implications of the increase in cash-rich investors on debt markets.

What is the significance of gold as an investment in the context of current market conditions?