Episode 25: A crisis of confidence in the Fed? With Michael Kao

Are bond investors losing faith in the Fed? Maggie Lake sat down with Michael Kao, CEO of Akanthos Capital Management, who thinks the recent run up in bond yields is a sign investors are worried about inflation and think the Fed is making a mistake by cutting interest rates. Michael also weighed in on the election, oil prices why investors should beware of the underappreciated risks around gold and Bitcoin. Don't miss out on future episodes - get on the list here: https://maggielake.markets/notify-me Connect with me on Twitter: https://x.com/maggielake Connect with me on Substack: https://maggielake.substack.comFind Michael's work: https://substack.com/@urbankaoboy *We know you get this, but gotta say it anyway - this show is for informational purposes only and is not financial advice.