Veteran Investor: 3 sectors to buy BEFORE the MARKET CRASH
Michael Gayed is a veteran portfolio manager who runs funds including the Free Markets ETF (FMKT), and is the founder of The Lead-Lag Report. He joins Phil Rosen on Full Signal to discuss why policymakers may crash stocks to save bonds, the Japan carry trade, where the real AI bubble is, and why small caps hold the key to what comes next. Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/... Follow Phil on X: https://x.com/philrosenn Follow Phil on LinkedIn: / philrosen Timestamps: 0:00 - Crash stocks to save bonds 4:34 - Japan carry trade 7:02 - Oil, yen, and Japan risk 12:05 - Fund positioning 14:51 - AI driving unemployment 17:29 - Capex and the AI bubble 19:33 - Small caps 23:04 - Rate cut before hike 23:52 - Lumber-to-gold ratio 27:40 - Most credible bull case 30:50 - Favorite sectors 33:09 - Debunking Fear-Greed index 35:59 - Semiconductor and memory trade 37:16 - What we'll be wrong about 38:49 - Eli Lilly and obesity drugs 41:44 - Follow Michael #podcast #investing #markets #macro #stocks #bitcoin #fed

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