Underlying Trend for Markets Is Positive: JPMorgan's Mandel

The video discusses the bond market and the challenges of finding downside protection in portfolios. Traditional sources like stock-bond correlations are less effective, prompting the need for new strategies. Credit and the dollar are highlighted as favorable correlations for hedging. The role of hedge funds and their market influence is examined, with a focus on technology stocks and their impact on US market volatility. The importance of international diversification is also emphasized.

What factors contribute to the positive underlying trend in the bond market?

How has the relationship between stock and bond yields changed recently?

What are the two correlations mentioned that can be used for hedging in a portfolio?

What is the significance of hedge funds' average returns over the last 20 years?

How should investors approach diversification in the current market conditions?