Aberdeen's Athey Favors Longer-Duration Bonds, Dollar

The speaker expresses a cautious and defensive investment stance, highlighting concerns about inflation and sovereign credit. They see value in defensive assets and strategies, particularly in long-term durations. The speaker also discusses currency markets, favoring the dollar over weaker emerging market currencies due to unjustified rapid changes not supported by fundamentals.

What is the speaker's main concern about long-term yield curves?

• They are not influenced by inflation.

• They offer high returns.

• They are too volatile.

• The risks are not appropriately rewarded.

Which investment strategy does the speaker favor?

• Aggressive growth

• Defensive investment

• Short-term trading

• High-risk bonds

What does the speaker think about 10-year Aussie duration?

• It is overpriced.

• It is irrelevant.

• It is risky.

• It is cheap.

How does the speaker view the current state of the dollar?

• It is stable.

• It is overvalued.

• It is weakening.

• It has more advantages than disadvantages.

What is the speaker's opinion on the rapid rise of emerging market currencies?

• It is justified by fundamentals.

• It is a sign of economic strength.

• It is a temporary trend.

• It is not justified by fundamentals.