Julian Robertson: Negative Rates Are Tragic

The video discusses the role of central banks in distorting markets, particularly through the implementation of negative interest rates. It highlights concerns about the potential for economic bubbles and the negative impact on savings. The speaker argues that while central banks aim to ensure prosperity, their actions may lead to adverse outcomes, such as a bubble in the bond market, as investors seek alternative investments.

In what ways does the author believe central banks are creating a bubble?

What alternatives does the author suggest for investing in a low-interest-rate environment?