Thinking Differently: A hell of a year for bonds – Andrew Hunt
Wayne Fitzgibbon | Thinking Differently | 21 January 2025
The consensus on Wall Street is that the equity market will keep on rising in 2025. But independent economist, Andrew Hunt, thinks differently. He argues that the US corporate sector is highly leveraged and struggling to generate profits, with private credit posing a systemic risk. According to Andrew, we should therefore prepare for a bond sell-off in the first half of 2025 and to take advantage of buying opportunities in the second half of the year while, in equity markets, caution should be exercised in relation to passive strategies and to fashionable stocks...