Market Misbehavior with David Keller, CMT
On the Market Misbehavior Podcast, host Dave Keller, CMT, keeps things real as he breaks down what’s moving the markets and why it matters to investors. With a genuine, down-to-earth approach, Dave chats with top investment experts about what they’re seeing in the markets and digs into the psychology that shapes our investing choices. It’s not just market talk—it’s about helping you understand the bigger picture and avoid common pitfalls. Whether you’re a seasoned investor or just market-curious, tune in for straightforward discussions and actionable tips for upgrading your investing game.
Market Misbehavior with David Keller, CMT
Simeon Hyman (ProShares): The Fed’s “Last Mile,” the Dollar, and Diversification
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A wide-ranging macro conversation with Simeon Hyman, Global Investment Strategist at ProShares. We explore what the first Fed meeting of 2026 may (and may not) change, why the “easy” rate cuts could be behind us, how to think about the dollar’s pullback, and what the strength in gold, commodities, and international equities may be signaling. Recorded 1/27/26.
Simeon introduces a simple but powerful “2-3-4” framework connecting inflation, Fed funds, and the 10-year yield, then explains why today’s environment looks very different from the late-1990s. We also discuss volatility, diversification beyond U.S. equities, the role of crypto in asset allocation, and why broader market participation is a constructive sign for 2026.
Key takeaway: This isn’t a market driven by one trade or one narrative. Investors who stay diversified across assets, align decisions with a clear mandate, and avoid overreacting to headlines are better positioned to navigate a slower, more balanced phase of the cycle.
You can learn more about Simeon's work at https://www.proshares.com/.
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The content in this presentation should not be considered as a recommendation to buy or sell any security. All information is intended for educational purposes only and in no way should be considered as investment advice.