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Negative stock-bond correlation is the new regime
The guest argued the market has definitively exited the 'Great Moderation' era, with the stock-bond correlation now negative, meaning rising yields put downward pressure on equities.
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The story so far
CONTESTED · 276 MENTIONS · 169 EPISODES · 37 SHOWS
3 JUL 2025 — 21 AUG 2026 · YESTERDAY
143 SUPPORT · 23 CHALLENGE · 2 REPEAT · 108 MENTIONED
- THE ACQUIRERS PODCAST
53 EPISODES BETWEEN · 98 MENTIONS · 109 NOT KEPT
- 109 EPISODES NOT SHOWN
- TOP TRADERS UNPLUGGED · 2 MENTIONS
- THE MEB FABER SHOW
- THOUGHTFUL MONEY
- THOUGHTFUL MONEY
- EXCESS RETURNS · 3 MENTIONS
- WEALTHION - BE FINANCIALLY RESILIENT
- THE COMPOUND AND FRIENDS
- BLOOMBERG SURVEILLANCE
- BLOOMBERG SURVEILLANCE
- THE JULIA LA ROCHE SHOW
- EURODOLLAR UNIVERSITY
- THOUGHTFUL MONEY · 3 MENTIONS
- MACRO MUSINGS WITH DAVID BECKWORTH
- REAL VISION DAILY BRIEFING
- PROF G MARKETS
- THE JULIA LA ROCHE SHOW
- WEALTHION - BE FINANCIALLY RESILIENT
- THE DIVIDEND CAFE
- TOP TRADERS UNPLUGGED · 3 MENTIONS
- FORWARD GUIDANCE
- EURODOLLAR UNIVERSITY
- THE POMP PODCAST
- PROF G MARKETS · 3 MENTIONS
- BLOOMBERG SURVEILLANCE
- MACROVOICES · 2 MENTIONS
- GOLDMAN SACHS EXCHANGES: THE MARKETS · 3 MENTIONS
- ODD LOTS
- THE BEST EVER CRE SHOW · 2 MENTIONS
- THE MEB FABER SHOW · 3 MENTIONS
- WEALTHION - BE FINANCIALLY RESILIENT · 2 MENTIONS
- BLOOMBERG SURVEILLANCE · 2 MENTIONS
- EXCESS RETURNS · 5 MENTIONS
- THE JULIA LA ROCHE SHOW
- THOUGHTFUL MONEY
- BLOOMBERG SURVEILLANCE
- THE JULIA LA ROCHE SHOW · 2 MENTIONS
- COMMODITY CULTURE · 2 MENTIONS
- BLOOMBERG SURVEILLANCE
- BLOOMBERG SURVEILLANCE · 2 MENTIONS
- WHAT BITCOIN DID
- THE DIVIDEND CAFE
- WEALTHION - BE FINANCIALLY RESILIENT
- MARKETPLACE
- TOP TRADERS UNPLUGGED · 2 MENTIONS
- WSJ WHAT'S NEWS
- MARKETPLACE
- COMMODITY CULTURE · 4 MENTIONS
- BLOOMBERG SURVEILLANCE
- EXCESS RETURNS · 3 MENTIONS
- THE DERIVATIVE
- MONETARY MATTERS WITH JACK FARLEY · 11 MENTIONS
- Industrial metals on reshoring, grid build-out
- Dollar reserve status must end for reshoring
- AI CapEx and deficits driving long-end yields higher
- Treasury buybacks as soft yield curve control
- Fed's Warsh constrained by math, not a hawk
- AI CapEx boom will end in a bust
- Gold as the primary hedge against treasury market stress
- Treasury yields are capped by fiscal necessity
- Gold to outperform equities over the medium term
- Own industrials, short bonds in gold terms
- War bullish for stocks in dollars, gold in real terms
- MACROVOICES · 5 MENTIONS
- THE ALPHA EXCHANGE · 2 MENTIONS
- THE COMPOUND AND FRIENDS · 2 MENTIONS
- PALISADES GOLD RADIO · 5 MENTIONS
- COMMODITY CULTURE
- BLOOMBERG SURVEILLANCE · 6 MENTIONS
- Nominal GDP boom signals new normal
- US nominal GDP growth supports leverage
- Higher-for-longer rates from structural deficits
- Negative stock-bond correlation is the new regime · THIS IDEA
- Weaker dollar as a risk-on catalyst
- Bond market hated, signaling potential opportunity
- BLOOMBERG SURVEILLANCE · 2 MENTIONS
- MARKETPLACE
HOW THE SHOWS HAVE DISCUSSED THIS THESIS OVER TIME · NOT A PERFORMANCE RECORD