General basket representing publicly traded equities listed on US stock exchanges.
1 take · first discussed Oct 25, 2024
Private company — no public price to score. We track what they said; valuation-mark tracking is on the roadmap.
Among the hosts, only Sacks has weighed in on US equities, expressing a cautious, medium-conviction bear stance as of late October 2024. With equities at all-time highs, his core concern is that a sustained higher-interest-rate regime could pressure valuations, even though equities are traditionally considered a reasonable inflation hedge. He stops short of a firm prediction, acknowledging genuine uncertainty about how that tension resolves. No other hosts offered a view, so no cross-host agreement or disagreement can be established.
Sacks is cautious on equities at all-time highs, arguing that a sustained period of higher interest rates would hurt valuations even though equities are normally an inflation hedge.
if we do head into a new regime of higher rates longer, does that hurt equities even though equities normally are a pretty good inflation hedge? So I just don't know the answer to that.”46:00