Ritholtz: The Cost of Admission for an Investor

The video discusses the impact of fiscal stimulus, particularly the Cares Act, on inflation and the challenges of controlling it. It explores investment strategies during market downturns, emphasizing the importance of maintaining a balanced portfolio that allows investors to sleep at night. The discussion also covers central bank policies, their impact on markets, and the need for portfolio adjustments in response to changing bond markets and interest rates.

What changes in portfolio construction does the speaker suggest in response to Fed policy?

How does the speaker suggest investors should approach the current market conditions?

What strategy does the speaker recommend regarding the duration of bonds?