<ul><li>Equity rally is broad, earnings-driven, and still not stretched</li><li>Markets can tolerate higher rates until speed becomes the risk</li><li>AI capex is creating a sustained, structural inflation floor</li></ul>

Josh Silva of Passaic Partners and Michael Purves of Tallbacken Capital discuss the world of investing through the lens of cross-asset and derivative frameworks.The information, opinions and views expressed on this podcast are for informational purposes only and are not intended as investment advice. The opinions expressed may not align with Passaic Partners' views or its client strategies. Market forecasts are speculative and should not be the sole basis for investment decisions. Consult your financial and tax advisors before making any investments.