North Pier’s Managing Partner Jim Scheinberg was recently live on Reuters’ Trading at Noon with host Elena Casas. Jim and Elena discussed the Fed’s interest rate path and where high treasury yields are going to bite the hardest in the real economy.
“The biggest battle that I think you’re going to start to see is that once retail investors start to realize that the bond funds that they lost so much money on last year are actually the place that they have the easiest opportunity for good returns going forward.”