This video was originally released on my Patreon. To get exclusive access to all of my content as soon as it´s released, sign up today and I´ll see you in there. ⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️ https://www.patreon.com/HughHendry I randomly managed to watch a recent interview on Bloomberg with a talking head from Invesco. I found it priceless. The nonsense that's spoken by the biggest investors. Words, endless words, jargon A science of profanities. But hat tip to the Bloomberg anchor, Tom Keane, for asking the most pertinent question, "Aren't you just making this up as you go along ?" A lot of the interview discusses investment strategy at the fabled end of the cycle. What cycle you might ask. The rates cycle ? The Fed seems to have indicated that hikes are ending. Will the US economic cycle end ? It continues to surprise on the upside but surely its days are numbered ? There's a discussion about the equity risk premium. A means of considering the relative attraction of stocks versus bonds. Everyone is against the Treasury market currently. But the equity risk premium is urging caution on equities. We discuss.