Nobody Owns Bonds

But anyway, let's get into the markets, JD.

We've got S&P 7540.

We've got the oil price collapsing to $77 on the Iran deal.

And we've got SpaceX flying into the stratosphere.

Give me some reflections that you've got

today.

I got a lot of things to think about.

So stocks are bananas.

We'll get back to that later.

I tweeted the other day.

I tweeted the other day about I said, look, I said, look, be truthful.

How many of you own the 40 in the 60 40 portfolio? Right.

And I got like 160 replies.

Maybe out of the 160, there were two people that said they had 40% bonds.

Everyone's like, they're certificates of confiscation.

We have out of control inflation, huge national debt.

Why would you buy this stuff? Like, I mean, the whole, all the replies.

And I'm like, man, bonds are the most under-owned asset in the

world right now.

I love that you're digging into the psychology and the sentiment of it because that's your specialty.

And it's pretty easy to prove that they are literally a left for dead asset with tumbleweeds blowing through the bond pit

right now.

There's nobody

in it.

You know what I mean? So you might be right, man.