The Macro Trading Floor cover image

Inflation Will Fall off A Cliff In 2023 | Warren Pies

The Macro Trading Floor

00:00

Fed's Backwards Curve

Warren: The pause that historically will be around seven months long and followed by rate cuts as you walk into a recession the Federal Reserve as an average cut three to four hundred basis points in the 12 to 24 months after a recession starts. Warren: We've been holding out hope for soft landing I think if you look at checkable deposits and excess savings coming out of the pandemic and stimulus the economy has been underestimated at every turn so we've been giving it every opportunity to widen that path into a soft landing even a couple months agoWe were saying okay there's a higher probability of a soft landing the market kind of has priced that in but I think the path to a soft landing is gone

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app