The Bond Market Is the Truth Teller No One Heeds, Feat. George Goncalves

A veteran bond strategist gives his take on why the bond market has a better read than equities on short-term and long-term macro trends.

Jul 30, 2020 at 7:00 p.m. UTC
Updated Sep 14, 2021 at 9:38 a.m. UTC

A veteran bond strategist gives his take on why the bond market has a better read than equities on short-term and long-term macro trends.

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

This episode is sponsored by Bitstamp and Crypto.com.

Today on the Brief:

  • More bad news from jobless claims and the GDP
  • The big tech hearing was a whole bunch of nothing; watch TikTok instead
  • Robinhood dives into Kodak (but so do illegal insider traders)

Our main conversation is with independent bond strategist George Goncalves.

We discuss:

  • How the bond market watches Federal Reserve meetings
  • What, if anything, was new about this week’s FOMC meeting
  • What it means that the bond market and equities market tell different stories
  • Why the bond market has been telling a long-term story of slowing growth
  • Whether institutional investors are actually moving away from government debt and into gold 
  • Why Judy Shelton should have a place on the Federal Reserve

Find our guest online:
Twitter: @bondstrategist

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.