Marathon's Richards Says 'Animal Spirits' Are Out

Marathon Asset Chair and CEO Bruce Richards says the monthly CPI report means the Federal Reserve will stay higher for longer and the market is now in "goldilocks." Speaking with Alix Steel and Romaine Bostick, Richards also discusses the opportunities in the credit market.
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[@capri2673]

I'm not complaining it's gone so high but feels like a crash long overdue.

[@bdek68]

Way overdue! Nose bleed valuations!

[@dontdoitbro5495]

When corporate earnings are doing well its bad for credit and good for equity. I think he said it wrong at 8:00

[@melsenbabe]

Lol Bruce plagiarizing zerohedge with his Powell leaning in comment

[@Michaeldotcom33]

Seems like he’s assuming there’s no recession. Treasuries yields will go lower with a recession.

[@69pepe420]

RIBBIT

[@alextube2551]

more wealth transfer to the rich?

[@jerryware1970]

Trump is leading significantly in the polls.

[@simrans3675]

and water is wet