About this episode

Danny Moses welcomes Bob Elliott to discuss market dynamics, inflation, and investment strategies in the current economic climate.

Learn more about Unlimited ETFs: https://unlimitedetfs.com/ Checkout WAWD on Substack: https://whatarewedoingonthedesk.substack.com/OTT Click the link http://kalshi.com/r/MOSES or download the Kalshi App and use code MOSES to sign up and trade today! Danny welcomes back Bob Elliott, author of Nonconsensus and Co-Founder/CEO/CIO of Unlimited , to discuss the Fed meeting, oil volatility tied to Hormuz and Red Sea disruptions, and implications for inflation. Elliott expects a hawkish hold, notes inflation has stayed above target for years, and argues oil risks are underpriced given shrinking strategic reserves and potential demand destruction. He explains the recent rise in long-term yields is driven by higher real rates, reflecting capital demand from AI capex and deficits, and says 30-year TIPS near 3% real yields look attractive versus stretched equities. Gold has held steady despite higher real rates amid strong Chinese and central-bank demand. They discuss heavy equity and bond supply, a frozen housing market, weakening consumer tailwinds as tax-refund support fades, limited systemic risk from private credit but poor forward returns, leverage and passive-market structure…

People in this episode

Host: Danny Moses

Guest: Bob Elliott

Topics covered

• market analysis
• inflation
• oil volatility
• TIPS
• equity and bond supply
• consumer trends
• AI competition

Keywords

• TIPS
• inflation
• oil volatility
• long-term yields
• equities
• bond supply
• consumer trends
• AI capital
• Kalshi

Sponsors

Kalshi

Mentioned in this episode

Organizations: Unlimited, Nonconsensus, WAWD

Places: Hormuz, Red Sea, China

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