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But we saved everything 🙂.
Michael A. Gayed cautions that many optimistic market forecasts depend on both yields declining and credit spreads remaining tight.
He points out that, historically, credit and rates do not see aligned moves in the same direction for extended periods.
Gayed previously outlined how clients with large NVDA positions can use a 351 exchange for tax-deferred, ETF-based diversification. He also planned private rooms in Boston and New York City for advisors to meet the team launching a non-VIE China internet ETF. These initiatives reflect his focus on tactical strategies spanning both U.S. and international equities.