#244 Michael Novogratz on Consumer Confidence in Markets
The Pomp Podcast
00:00
What's Going on in the Global Market?
How do you evaluate what's going on on the global market right now? You've never really had economy going into complete shutdown on a global scale, almost like a rolling blackout. Things that intuitively should make sense don't, because it's where people have positions and are selling them to get to cash. And so, you think, looked like things like ricparity, which is being unwound at an immense pace. The bridgewater hedge spun post ad 20 % down for the year so far. But we forget that it's still mostly retail hell, and a lot of retail uys on leverge out. Like even i, you have a ton of cash on the side line
Play episode from 04:32
Transcript
