59 min listen
When Will the Fed Get the Message?
When Will the Fed Get the Message?
ratings:
Length:
36 minutes
Released:
Oct 26, 2022
Format:
Podcast episode
Description
More central banks are signaling turns away from tightening as concerns about growth have begun to overwhelm fears of inflation, with the Bank of Canada cutting its policy rate by a smaller-than-expected 50 basis points today. It’s notable that the Canadian dollar rallied against the U.S. dollar. On the fiscal front, Japan has prepared a 67.1 trillion yen stimulus package. Oh, and Google’s and Microsoft’s earnings reports are dragging the Nasdaq Composite toward a 2% loss. When he last visited the Daily Briefing, Darius Dale pointed out that there’s no recession until we see an inversion of the three-month/10-year yield curve – well, it was very small, but that did happen yesterday. So, what now? Darius, the founder and CEO of 42 Macro, joins Andreas Steno Larsen to talk about all that and more. We also hear from Lee Robinson about Jerome Powell’s sensitivity to Paul Volcker’s record on fighting inflation. Watch the full conversation featuring Lee Robinson and Nick Lawson here: https://rvtv.io/3FifJWE.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Oct 26, 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