The Great Reversal: Decades-Long Bond Bull Lacy Hunt On His Bearish Pivot, Tonight

The Great Reversal: Decades-Long Bond Bull Lacy Hunt On His Bearish Pivot, Tonight For nearly four decades, Dr. Lacy Hunt has been one of Wall Street's most steadfast bond bulls. As chief economist of Hoisington Investment Management, Hunt built his reputation around a simple but powerful thesis: globalization, excessive debt and slowing growth would keep inflation and interest rates suppressed. He maintained that view through the aftermath of the financial crisis, a decade of ultra-easy monetary policy, and even the COVID explosion in money supply and inflation. Now, the bond legend is...