
MacroVoices #237 Juliette Declercq: U.S. Election Outlook, U.S. Dollar, Real Yields and more
Macro Voices
00:00
The Fed's New Flexibility Is a Gift From the Gods
The power has literally now been transferred to politicians, because they are the ones that are controlling spanding. So one can no longer take financial stability as given and be complaisant. Ithink what we see eventually is cantral banks independence be threatened as governments inflate their dead lord away. Or we can see t their hands pied by much higher inflation prints and and the having to like shrink the balance it raise rates and an potentially crush assets in the process. My point here is that you will not get moos for your returns, and should not even assume that they're possible. Passive investments should, in my opinion, be relegated to the pastdand my real recommendation to they
Transcript
Play full episode