The Macro Trading Floor cover image

This Is It

The Macro Trading Floor

00:00

The European Central Bank's Position on the Inflation Curve

Andrew Bailey: Central banks trying to get ahead of the inflation curve end up with weaker currencies as a consequence. 30 year bond deals in the mortgage base in the US started dropping through the hiking cycle, you already now see the repercussions of that in the housing market in the US. In 2008, home builders rallied twice by 50%. This is how much the flow driven, position driven kind of rally and the low volatility flows can actually exacerbate these short squeezes.

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