The Julia La Roche Show

#170 Bob Elliott: The Biggest Risk For Equity Investors Is The Economy Remains Too Strong


Listen Later

Bob Elliott, cofounder and CEO of Unlimited, which uses machine learning to create index replication ETFs of 2&20 style alternative investments like hedge funds, venture capital, and private equity, joins Julia La Roche on episode 170.

In this episode, Elliott discusses the macro picture and highlights that the economy is in an income-driven expansion, where people are spending out of their income, leading to sustainable growth. However, this income dominance is creating challenges for the Federal Reserve, as inflation remains elevated and nominal growth is strong. Elliott believes that the Fed will continue to collect more information before making any significant policy changes. 

He points out that assets are in an “air pocket” right now, and that the biggest risk for equity investors is the economy remains too strong, creating pressure on the bond market. He suggests that investors should consider holding more cash, allocate a portion to gold and commodities, and be cautious about stocks and bonds.


Links:

Twitter: https://twitter.com/BobEUnlimited

YouTube: https://www.youtube.com/@BobEUnlimited

Website: https://www.unlimitedfunds.com/


Timestamps:

00:00 Introduction and welcome Bob Elliott 

01:15 Macro picture today + income-driven economic expansion 

03:34 Different angles of looking at inflation 

06:11 Fed's policy outlook

09:15 Implications of higher for longer 

11:50 Long-end of the bond market is the critical driver of asset prices

14:47 The biggest risk for equity investors is the economy remains too strong that creates pressure on the bond market

16:00 Allocating in this setup 

18:30 We’re in an 'air pocket’ right now 

23:19 The Fed

25:50 Gold allocation and commodities 

30:10 Parting thoughts 

32:46 Confusion of the income-driven expansion

36:00 Recession

...more
View all episodesView all episodes
Download on the App Store

The Julia La Roche ShowBy Julia La Roche

  • 4.4
  • 4.4
  • 4.4
  • 4.4
  • 4.4

4.4

53 ratings


More shows like The Julia La Roche Show

View all
Macro Voices by Hedge Fund Manager Erik Townsend

Macro Voices

3,075 Listeners

Hidden Forces by Demetri Kofinas

Hidden Forces

1,439 Listeners

Superinvestors and the Art of Worldly Wisdom by Jesse Felder

Superinvestors and the Art of Worldly Wisdom

408 Listeners

Palisades Gold Radio by Collin Kettell

Palisades Gold Radio

250 Listeners

The Market Huddle by Patrick Ceresna & Kevin Muir

The Market Huddle

361 Listeners

Eurodollar University by Jeff Snider

Eurodollar University

463 Listeners

The Grant Williams Podcast by Grant Williams

The Grant Williams Podcast

1,349 Listeners

ITM Trading Podcast by The Daniela Cambone Show and Taylor Made Economics

ITM Trading Podcast

75 Listeners

Wealthion - Be Financially Resilient by Wealthion

Wealthion - Be Financially Resilient

373 Listeners

The Jay Martin Show by Jay Martin

The Jay Martin Show

77 Listeners

Forward Guidance by Blockworks

Forward Guidance

269 Listeners

On The Tape with Danny Moses by RiskReversal Media

On The Tape with Danny Moses

157 Listeners

Thoughtful Money with Adam Taggart by Adam Taggart | Thoughtful Money

Thoughtful Money with Adam Taggart

398 Listeners

The David Lin Report by The David Lin Report

The David Lin Report

44 Listeners

Monetary Matters with Jack Farley by Jack Farley

Monetary Matters with Jack Farley

133 Listeners