The Past is Not The Present, The Present Is Not The Future

Jay walks thru the February monthly which brings together multiple strands of TPW’s thinking to make the case that we are early cycle in a new global macro regime, one that will run for several yrs based off of a new rate cutting cycle, abundant global liquidity and sustained EPS growth underpinned by rising productivity.

https://www.youtube.com/watch?v=RgZx_g1dtW0