John Brynjolfsson Quotes

Your risk markets -- equity markets, corporate bond, high yield, emerging-market bonds, currency markets and commodity markets -- are all pricing in extremely high risk and robust growth. In contrast, the TIPs market is pricing in weak or modest growth.

- John Brynjolfsson

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Risk | Markets | Equity | Corporate | Bond |

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Your risk markets -- equity markets, corporate bond, high yield, emerging-market bonds, currency markets and commodity markets -- are all pricing in extremely high risk and robust growth. In contrast, the TIPs market is pricing in weak or modest growth. - John Brynjolfsson

It doesn't create a home run when inflation goes up, and it doesn't create a crater when inflation goes down. What it does is keep the bonds' earning stream in line with the underlying real economy. - John Brynjolfsson

All other investments go down when inflation goes up. An investor's portfolio goes down just as inflation goes up. That is a one-two punch that is devastating. But this is different. - John Brynjolfsson