If you're sitting 100% long equities right now, here's a setup worth considering:
Trim 10% of stocks. Rotate into 10% LTPZ (TIPS) + 10% TLT (nominal bonds) with 10% leverage overlay.
The bond case is strengthening — not weakening — despite what the Twitter echo chamber tells you. Duration is back in play as a hedge, real yields are attractive, and correlation dynamics are shifting.
This isn't about being bearish. It's about building a barbell that works in multiple regimes. Equities for growth, bonds for deflation/risk-off, leverage to maintain exposure.
Risk management > conviction bias.
Trim 10% of stocks. Rotate into 10% LTPZ (TIPS) + 10% TLT (nominal bonds) with 10% leverage overlay.
The bond case is strengthening — not weakening — despite what the Twitter echo chamber tells you. Duration is back in play as a hedge, real yields are attractive, and correlation dynamics are shifting.
This isn't about being bearish. It's about building a barbell that works in multiple regimes. Equities for growth, bonds for deflation/risk-off, leverage to maintain exposure.
Risk management > conviction bias.