Here’s an interview I did with Jack Forehand and Justin Carbonneau on the Excess Returns podcast. We cover a huge amount of ground in this one including:
• Updated economic outlook
• Inflation outlook, tariffs, and the Fed’s “soft landing” challenge
• The importance of Fed independence and risks of politicization
• Immigration, demographics, and long-term disinflationary trends
• How AI is reshaping productivity, inequality, and the job market
• Defined Duration Investing and asset-liability matching
• Lessons from all-weather strategies and the Permanent Portfolio
• My new book and my favorite chapter about the “Forward Cap Portfolio”
Disclaimer Cipher Research Ltd. is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst, or underwriter and is not affiliated with any. There is no ...
Disclaimer Cipher Research Ltd. is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst, or underwriter and is not affiliated with any. There is no assurance the past performance of these, or any other forecasts or recommendations in the reports, will be repeated in the future. These are high-risk securities, and opinions contained herein are often time and market sensitive. No statement or expression of opinion, or any other matter herein, directly or indirectly, is an offer, solicitation or recommendation to buy or sell any securities mentioned. While we believe all sources of information to be factual and reliable; we in no way represent or guarantee the accuracy thereof, nor of the statements made herein. We do not receive or request compensation in order to feature companies in this publication. We may, or may not, own securities and/or options to acquire securities of the companies mentioned he rein. This document is protected by the copyright laws of Canada and the U.S. and may not be reproduced or for other than for personal use without prior, written consent. This document may be quoted, in context, provided that proper credit is given.