Is the Fed Going to Pivot?

The Fed will pivot, but the timing of it is hard to know. I think we'll be very lucky to get out of 2023 without a 2008 like moment. And you're seeing rivets, right? You know, Japan recently. They lost control of the 10 year. They can't have yogurt control 25 bibs. So they got to take it up to 50. Because it already blown through the 25. The US government was paying 300 billion a year in interest rates two years ago; now it's at 750 million. See where this is going here? It's all that ties together and it's all doom loop right?"

Transcript

Play full episode

Transcript

Episode notes

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app