Citi's Dirk Willer on Why You Buy the Bubble | #654

My guest today is Dirk Willer, Head of Global Macro, Asset Allocation and Emerging Market Strategy at Citi.

In today’s episode, Dirk says we’re in an AI bubble and why that’s a reason to buy, not sell. He shares why the bond selloff relates to growth rather than deficits, how the Warsh Fed echoes Greenspan and why Brazil is one of his favorite markets. 

To close, Dirk shares his best hedges for when the bubble finally bursts.

(0:00) Dirk Willer

(3:52) Trading Bubbles and Fed Liquidity

(9:10) Sponsor: Upwork

(9:51) The Fed Cycle and Bond Timing

(13:45) Treasury Supply and Treasury Myths

(20:25) Dollar Strength and Global Macro

(25:10) Brazil, Asia, and China

(32:06) Sponsor: Meb Faber

(32:46) Gold, Copper, and Macro Signals