Rieder: Yield Curve Isn't a Great Recession Indicator

The video discusses the current trends in fixed income ETFs, focusing on the lack of investment in these funds due to high cash yields. It explores the dynamics of short duration funds and the implications of an inverted yield curve, debating whether it signals a recession or reflects decreasing inflation. The discussion also covers the importance of earnings reports over surveys for economic insights, highlighting the performance of different sectors. Finally, it examines high yield credit, emphasizing selective investment strategies and the role of equities in portfolios.

What factors are contributing to the current trends in fixed income ETFs?

How does the current yield on cash compare to long-term bonds?

What are the implications of high cash levels in the market?

What is the significance of the inverted yield curve mentioned in the discussion?

How does the speaker view the relationship between interest rates and the current economy?

What indicators does the speaker prefer over surveys for predicting market trends?

What are the key factors driving the performance of high yield credit this year?