59 min listen
Is Recession Risk Growing With Rate Hikes?
Is Recession Risk Growing With Rate Hikes?
ratings:
Length:
35 minutes
Released:
Apr 23, 2022
Format:
Podcast episode
Description
Yesterday, Chair Jerome Powell reiterated that the Federal Reserve will tighten monetary policy aggressively to fight inflation, noting that a 50-basis-point hike is on the table for the May Federal Open Market Committee meeting. U.S. stocks, still processing the Fed’s hawkish pivot, are well in the red Friday, with the major equity indexes all down nearly 2%. According to Jared Dillian, “The curve will continue to flatten in such fashion until 2s are at 3% and 10s are at 2% (or thereabouts) and we will have a massively inverted curve at the end of this.” Dillian, editor of The Daily Dirtnap, thinks we’re headed for recession. He joins Maggie Lake for today’s Real Vision Daily Briefing to talk about the bond market, central banking, and the economy. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3s6Xpsb
Learn more about your ad choices. Visit megaphone.fm/adchoices
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Apr 23, 2022
Format:
Podcast episode
Titles in the series (100)
Adventures in Finance 9 - Reflation: American Dream or Political Nightmare?: Deconstruct the Trump Reflation Trade as unsightly political realities emerge from the shadows. In 'Things I Got Wrong', David Hay, CIO of Evergreen Gavekal, confesses to underestimating central bank firepower and the usefulness of extreme market... by Real Vision Daily Briefing: Finance & Investing