Brian Reynolds: How Public Pensions, Not the Fed, Are Driving Epic Bull Market
Brian Reynolds, Chief Market Strategist for New Albion Partners, discusses the three major themes or drivers of this current bull market, one of which is the amazing growth in public pensions, and how many are now investing in leveraged and complex investments. Brian specializes in relating developments in the credit and related markets to the equity market.
Mentioned during this interview:
America's Public Pension Crisis (Part 1 and Part 2)
Interview with Martin Armstrong (Part 1 and Part 2)
OMFIF’s David Marsh: Global Public Investors Moving Further Into "Risky Instruments"