Mark Yusko: Stocks Remain Expensive Despite Rising Rates
Blockworks Macro, Released on 7/16/22
In this week's episode, Mark and I kick things off discussing the Bitcoin market. Could crypto winter be passing and signs of crypto spring be starting to emerge? We then move on to discuss the historic value of equities going all he way back to 1871 vs now in 2022. With still elevated P/E's, is there more pain to come for equities despite rising rates? We draw parallels between the 2001 tech bubble which also saw high energy prices, a rising dollar and rising yields. Finally, we break down the recent 9.1% CPI print and if we could be in for a period of secular inflation. But to hear that, you'll have to tune in!
Mark Yusko is the Founder, CEO and Chief Investment Officer of Morgan Creek Capital Management. He is also the Managing Partner of Morgan Creek Digital Assets. Morgan Creek Capital Management was founded in 2004 and currently manages close to $2 billion in discretionary and non-discretionary assets. Prior to founding Morgan Creek, Mr. Yusko was CIO and Founder of UNC Management Company (UNCMC), the Endowment investment office for the University of North Carolina at Chapel Hill. Before that, he was Senior Investment Director for the University of Notre Dame Investment Office.
Mark Yusko: Stocks Remain Expensive Despite Rising Rates added by Herman James on 07/15/2022View all posts by Herman James ?+'