Michael Purves: Goldilocks Rally 3.0 Driving Markets

The video discusses the current Goldilocks equity position and the market rally, emphasizing the role of investor positioning and momentum. It analyzes earnings growth, inflation, and GDP, highlighting their impact on corporate revenues. The discussion also covers market cycles, investment alternatives, and the challenges of negative nominal yields. The video concludes with insights into market positioning and future trends.

What does the speaker suggest about the positioning of investors in the market?

What are the implications of having negative nominal yields in the current market?