Bonds, Bad News and Bull Markets

Bond yields are surging. Oil prices remain elevated. Tariffs, geopolitics and inflation continue to dominate the headlines. Investors are stressed. And yet, the bull market keeps going.

So what exactly are investors supposed to make of all this?

In this episode of the Global Thinking Podcast host, Rob Duncan, sits down with Forstrong  CIO, Tyler Mordy, to separate the signals that matter from the headlines that don't.

They tackle the return of 5% bond yields, why today's interest rates may be far less extraordinary than they appear, and why strong economic growth and corporate profits tell a very different story than the one dominating financial headlines.

But the conversation quickly gets bigger than bonds. Rob and Tyler discuss the lingering psychological scars of the Global Financial Crisis and pandemic, why investors repeatedly become fixated on the latest macro shock, the upcoming U.S. midterms, and why bad news can lead to bad investment decisions.

They also explore Forstrong's broadening bull market thesis and opportunities beyond the usual market leaders, including emerging-market debt, gold miners and a market Tyler believes investors are still largely ignoring: Japan.

The world has never been short of things to worry about.

The harder question for investors is knowing which ones actually matter.

Chapters

01:06 What's moving markets?

02:00 Why bond yields are surging

05:03 Can the economy handle higher rates?