Macro & Volatility™ #33: Goldilocks Earnings vs. the Three Bond Bears: ECB; BOJ; and the US Deficit
Macro & Volatility™ by Josh Silva and Michael Purves
E33
Sep 14, 2026
20:27
Episode notes
- Bond bears are winning globally, but deficits may be the real story
- Geopolitics and oil are driving rates more than inflation fears
- Earnings, not rates, are still the equity market's steering wheel
Keywords
interest rates
FOMC
Federal Reserve
bond market