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SECTOR ETFTLTIEFBEARISHCore thesis · 5/5

Zortix matched this thesis to Rates & bonds ETFs as the exposure the bearish case argues against, most actionable for readers who already hold them. Not a recommendation.

Structural shift to ~3% inflation world

The speaker's outlook argued for a persistent ~3% inflation environment, driven by deglobalization, geopolitical realignments, and embedded risk premiums, not the Fed's 2% target.

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NOT INVESTMENT ADVICE · A SUMMARY OF WHAT WAS SAID ON THE PODCAST · VERIFY AGAINST THE SOURCE
Structural shift to ~3% inflation world · Zortix