Jay Hatfield is the CEO of Infrastructure Capital Advisors, and he is known for his contrarian macro views. He joined Phil Rosen on Full Signal to discuss Fed independence, assess Jerome Powell's job leading the central bank, why inflation looks bullish, what money supply is signaling, and more.
This episode is sponsored by Public: https://public.com/openingbell
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Timestamps:
0:00 - Intro
0:34 - Fed criticisms
3:03 - Powell’s mistakes
5:10 - Keynesian vs. Monetarist
7:44 - Flawed data
8:54 - Rethinking the Fed
11:05 - Fed independence
13:35 - Public & Generated Assets
14:40 - Fed succession
17:00 - Faulty data
19:01 - 2026 rate cuts
20:28 - Is monetary policy tight?
24:34 - Residential recession
27:30 - Rising productivity
30:19 - 8,000 S&P 500
32:54 - Portfolio strategy
34:25 - AI trade
36:15 - Tech valuations
Disclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.
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