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Guy LeBas outlines a conceptual approach that compares cash-like instruments to short-term inflation and bond-like instruments to longer-term inflation.
This method aims to help identify relative value between these two types of assets based on their sensitivity to different inflation horizons.
LeBas has previously commented on global volatility following an unexpected UK political bid impacting interest rates. He has also suggested that Gundlach increased liquidity to support demand for his existing assets in earlier market activity responding to rumors about market moves. These observations provide further insight into his approach to analyzing asset value and market shifts.