Kyle Bass recently was interviewed by CNBC where he talked about the upcoming risks of inflation.
Bass seems to think that the only inflation protection are “real productive assets” such as global businesses with some fixed rate debt. Bass did not mention gold as the type of asset that he favors now despite the fact that he has been bullish on gold in the past.
It really seems that we have entered a bizarro world where no one is enthused by stocks but due to the fears of money printing smart investors like Bass or Taleb own stocks. This ptstull towards stocks appears to be getting stronger as the Japanese amped up their money printing efforts over the last three months.