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To Survive Disasters, You Need Smiles (guest: Steve Hou)

The Market Huddle

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The Inflation Beta Sharp Ratio Tradeoff

Energy sector tends to perform well in inflationary growth and stagflation. But what do you expect in the other two regimes that they crash, right? So they have a big drag in a recessionary regime, as well as this inflationary regime,. They really lag the market, which is exactly what we have experienced on average, right? And then interestingly, things that will perform well in the inflationary growth environment, things like technology actually performs well. In fact, in fact, we saw for a lot of 2020, late 2020 through March of 2021, right? A technology actually did quite well, even as inflation was rampant... Only when we started getting really high inflation, the economists started

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