Macro Ops' Tyler Kling: Global Markets at Important Inflection Point

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In the face of zero and negative interest rates, investors have scrambled into high yielding debt at an alarming rate. Macro Ops' Tyler Kling explains why this is a problem and how markets are at an important inflection point based on what happens next in the 'junk bond' space. He also discusses the current Sharpe ratio for stocks and bonds and what that means if it reverts back to long-term historical averages. Tyler Kling is the co-founder of Macro Ops, a global macro research and education firm.

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