Veteran Investor: 3 sectors to buy BEFORE the MARKET CRASH

Michael Gayed is a veteran portfolio manager who runs funds including the Free Markets ETF (FMKT), and is the founder of The Lead-Lag Report. He joins Phil Rosen on Full Signal to discuss why policymakers may crash stocks to save bonds, the Japan carry trade, where the real AI bubble is, and why small caps hold the key to what comes next.Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Crash stocks to save bonds4:34 - Japan carry trade7:02 - Oil, yen, and Japan risk12:05 - Fund positioning14:51 - AI driving unemployment17:29 - Capex and the AI bubble19:33 - Small caps 23:04 - Rate cut before hike23:52 - Lumber-to-gold ratio27:40 - Most credible bull case30:50 - Favorite sectors33:09 - Debunking Fear-Greed index35:59 - Semiconductor and memory trade37:16 - What we'll be wrong about38:49 - Eli Lilly and obesity drugs41:44 - Follow Michael#podcast #investing #markets #macro #stocks #bitcoin #fed