Miller: US interest rates will stay elevated for 12 to 15-plus years
Jacob "Jake" Miller · Ep 68: Are High Interest Rates & Inflation Here to Stay? How to Generate Alpha with Jacob Miller · Joe Lonsdale · Nov 2, 2023 · at 11:00
Jacob Miller (Opto) and Joe Lonsdale evaluate whether the US faces an immediate debt crisis or a prolonged period of higher interest rates.
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“So, my guess is, and this is just a guess, and he who lives by the crystal ball will eat glass, but that it looks more like a slow bleed out than one sort of imminent moment. Of course there will be shocks, but I think what it looks like is for a protracted period, 12, 15 plus years rates are higher than they would otherwise be, because there's this big gap In demand for bonds and exogenous demand.”
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