Why The Big Short Is A Lesson For Rebalancing Your Portfolio Today

Podcast: Mont Wealth - "Pizz-Spectives" - Investing & Wealth Creation Strategies · Mont Wealth Advisors

Opublikowano: 2026-10-09

Rob Pizzichetta (Mont Wealth) argues that after years of low yields, defensive assets are attractive again as governments run persistent deficits that push bond yields higher, flowing through to mortgages, super, and long-term return expectations. Using Australia’s federal budget (large locked-in spending, rising interest costs on roughly $1T debt) and Victoria’s growing debt and refinancing risk (10-year yields near 6% and a worsening “debt loop” tied to property-based revenues), he links fiscal indiscipline and sticky inflation to a higher neutral rate and a new return backdrop where near “risk-free” government bonds can yield around 5%+. He outlines considerations including rebalancing...