Investment researcher and macroeconomic analyst Lyn Alden, founder of Lyn Alden Investment Strategy, joins Julia La Roche on episode 159 to discuss the macro view of the economy, focusing on fiscal dominance.
Alden highlights the wide performance gaps between sectors, which are influenced by fiscal and monetary policies. She discusses the implications of fiscal dominance and the challenges it poses for the Fed's tools to control inflation.
Alden also shares her insights on asset markets, including the rise of gold, Bitcoin, and undervalued energy stocks.
Links:
https://www.lynalden.com/
https://www.amazon.com/Broken-Money-Financial-System-Failing/dp/B0CG83QBJ6
https://twitter.com/LynAldenContact
00:00 Introduction and overview
01:16 Fiscal dominance and its impact sectors
04:37 Fiscal dominance, explained
09:37 Higher highs, higher lows of inflations in 2020s
12:20 Ironically stimulative
16:18 Assessment of the economy, is it healthy?
18:53 Asset markets, rise in gold is indicative of fiscal problems
22:00 undervalued energy stocks and their catalysts
25:33 Insights on Bitcoin, its performance, why it could hit six-figures in next two years
30:17 Conclusion and parting thoughts
