Risk-Free Yields Calling as Equity Market Sputters

The video discusses the focus on fixed income investments, highlighting the opportunities in risk-free yields and mortgage-backed securities. It covers investment strategies, emphasizing quality and shorter duration in fixed income to achieve equity-like returns. The resilience of consumers amid economic changes, such as inflation and real wage growth, is analyzed. The video also explores investment flows, noting a shift towards money markets and the potential for extending duration. Finally, it examines the mortgage market, identifying opportunities due to quantitative tightening and market conditions.

What are the implications of the recent inflation trends on consumer behavior?

How have mortgage rates affected consumer resilience amid Fed tightening?

What questions are investors asking regarding the current state of agency mortgages?