Julian Brigden - A Massively, Massively, Massively Overvalued Market

In this episode, we delve into a comprehensive discussion with Julian Brigden, arenowned global macro strategist. Brigden shares his insights on the currentstate of the US equity market, the economic implications of the Goldilocksnarrative, the potential risks of the bond market, and the future of globaleconomies like the UK, Europe, and Japan. This episode offers a deep-dive intothe complexities of global economics and financial markets.Topics Discussed• Brigden's perspective on the US equity market being massively overvaluedcompared to the rest of the world• Discussion on the dominant narrative of the Goldilocks soft landing and itsstatistical rarity• Insights into the potential risks and consequences of the Fed's rate cuts• Analysis of the resilience of countries like Australia, Canada, and the UK inthe face of high rates• Brigden's views on the structural bear market in fixed income and itsimplications• Discussion on the potential for growth and inflation to run hotter thanconsensus• Insights into the political and economic state of Japan and the potential forautonomous growth• Discussion on the potential trades and market trends to watch out forThis episode provides an in-depth analysis of the current state of global economies and financial markets. Brigden's insights offer valuable perspectives for anyone interested in understanding the intricacies of global macroeconomics and financial strategies. The audience will gain a deeper understanding of the complexities of global markets and potential future trends.This is "ReSolve Riffs" – published on YouTube every Friday afternoon to debate the most relevant investment topics of the day, hosted by  Adam Butler, Mike Philbrick and Rodrigo Gordillo of ReSolve Global* and Richard Laterman of ReSolve Asset Management.*ReSolve Global refers to ReSolve Asset Management SEZC (Cayman) which is registered with the Commodity Futures Trading Commission as a commodity trading advisor and commodity pool operator. This registration is administered through the National Futures Association (“NFA”). Further, ReSolve Global is a registered person with the Cayman Islands Monetary Authority.