Jurrien Timmer, Director of Global Macro, notes that 91% of stocks in the S&P 500 are above their 50-day moving average. To Jurrien this demonstrates a robust early-cycle bull market. Jurrien also looks at the big inflation question being discussed now - with inflation coming and an accommodative Federal Reserve, is inflation really going to be transitory or will it be structural? Additionally, Jurrien uses Japan as an example to show that money printing does not automatically have to lead to currency debasement or hyperinflation. Jurrien also presents some new findings on cryptocurrency trends, demands and comparisons to gold. With the recent momentum surrounding cryptocurrencies, Jurrien thinks the development of official digital currencies from central banks (Federal Reserve, European Central Bank, etc) may not be far off. For more of Jurrien’s findings follow him on LinkedIn, or Twitter @TimmerFidelity.

Recorded on April 12, 2021.