The Fed’s Inflation Fight Continues, Tesla’s Short-Term Risks, Navigating the Narrow Rally 6/21/23
The Exchange
00:00
How to Invest in the Bond Market
David Einhorn: In a world of structurally higher inflation and interest rates, the old asset allocation playbooks don't work. A conventional 60-40 portfolio served investors really poorly, he says. We think there's some great ways you can invest without taking on excess risk," writes Einhorn. "We find in the case of municipals that you can earn 100 basis points more than comparable maturity treasuries"
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