Edward Olanow, portfolio manager and director of investment solutions at Weiss Multi-Strategy Advisers, joins the podcast to supply a surprisingly bullish outlook on the economy and on certain segments of the stock market.
- Reasons for optimism: Given the Fed and external shocks, GDP remains high and there is still a backlog of orders and millions of unfilled jobs (3:15);
- The Fed’s talk about 0.75% interest rate hikes is “just jawboning” (5:33);
- The era of ‘buy & hold’ is over; investors need to be more nimble (8:25);
- The house view at Weiss is that Nasdaq stocks will have a tougher time than other segments of the market (10:40);
- The war in Ukraine: in all likelihood risks are localized at present, judging by gold and energy prices (14:25);
- Background on the guest (18:40);
- What are dispersion trades and how do they work? (20:34);
- Why this may be a good time for this strategy — and a ‘turning point’ for alternatives managers in general (26:27);
- Where all this leaves fixed income and the bond market: Fixed-income is less forward-looking than people think… (29:55);
- What Olanow and Weiss monitor for inflation (32:31);
For More Information:
- Twitter: @WeissMultiStrat.