Want to create an interactive transcript for this episode?
Podcast: The Meb Faber Show - Better Investing
Episode: Axel Merk - “Is Your Portfolio Robust Enough for Whatever Might Be Coming Your Way?" | #58
Description: In Episode 58, we welcome Axel Merk from Merk Investments. After a bit on Axel's background, the guys jump in, discussing the Fed's decision to raise interest rates today (recorded on Wed 6/14/17).Axel discusses how the Fed has announced the normalization of its balance sheet and the pace at which it would like to do so - but they've left out lots of details. He likens it to driving into a tunnel with no lights on. In essence, the Fed doesn't know where it wants to go.Axel's response touches upon our current low volatility. Meb...