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You’re Living in a World Wrought by Central Banks. Notice Anything Wrong?

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That’s just the math. Treasury securities] and to give a bid to the gilt market to raise the level of gilts. If you’re not in it, you’re not going to benefit from the upside. What we’ve seen is actually more money created than what was sensibly needed to save the economy, and it’s obviously not going into the real economy.

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Transcript: Graeme Forster, Orbis Investments

Barry Ritholtz

So I, I did a math degree at Oxford, which is more pure math. You know, pure math can be very theoretical and detached from the real world, and it’s getting worse. It’s just math stick to it over long periods of time. And the 10 year yield of A A A J G B or or a or a, a treasury or a bond.

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Transcript: Cathy Marcus, PGIM Real Estate

Barry Ritholtz

I was always good at math, but I really, I just didn’t relate to things that were more esoteric bonds options. And, and that is, you know, the treasuries were so low that you could be, have a 4%, 5% yield, even 3% on a real estate investment and still have a nice cushion over treasuries. I have no family history.

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Transcript: Rick Rieder

Barry Ritholtz

But since you mentioned getting return on the risk you take, how do you think about duration when the three-month Treasury is more or less the same or better than the 10-year? and what cross currency basis, et cetera, takes a while to assimilate at all. The dollar is the reserve currency in the world. RITHOLTZ: Oh, really?

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Transcript: Gary Cohn

Barry Ritholtz

You’re doing a lot of math in your head on the Fly. I’m doing, I’m doing an awful lot of math in my head on the fly. So we, we became, we went from fixed income and j Aaron to thick fixed income currency and commodities. You had a lot of currency forwards trading, which made se made sense. Made sense.

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