Bullish and bearish opinions expressed in this episode, paired with supporting transcript quotes. The quote confirms what was said—not whether the opinion is correct.
Bullish
$SPX— Long-term passive equity investment strategy based on millennial 401k flows that will support markets regardless of valuations
$PFIX— Seven-year option on 30-year Treasury rates packaged in an ETF that performed exceptionally well during Fed rate hikes
$TREASURYCALLS— New ETF product betting on lower rates through seven-year options on 10-year Treasury rates with positive 2% yield
$BDC— Business Development Companies offering attractive yields when paired with duration hedges
$MBS— Mortgage bonds offering the best risk-return profile with spreads still above long-term averages