AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
5min chapter
Central Bankers vs. The Bond Market | Roger Hirst
Forward Guidance
The Refinance Crisis, Is It a Thing of the Past?
The rapid rise of interest rates is at least for a short term, proves that that argument that you can raise can be high for a while. Last year was the year bonds behaving badly and we had the worst bond sell-ups since the late 1700s. The true growth shock is still ahead of us and I think we have to be prepared for that. You know, I don't want to be too bearish right here and back end of last year I was going, this is the sort of recession which might need the Fed to push us into recession by surprising people with higher rates. We see why maybe it's a little bit surprising to hear Jay Powell not bothered about the loosening
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode