The risk that we're running is actually stagflation. Pivot happens right before we go into a recession or pivot happens when we're already in a recession. And the Fed is just late. That's kind of the worst case scenario. It's possible. Energy prices have come down. Goods inflation, not going to stall too much about this. But to your point about the pivot, there is this assumption that the pivots actually always going to be positive for risk assets but that's not even necessarily true because it depends whether or not the pivot was too late. Right.
Itay Vinik is the Co-Founder & Chief Investment Officer at Equi, an alternative investment platform that brings investment strategies to accredited investors.
Today, Itay returns to the pod to answer the question: can the Fed thread the needle between inflation and recession?
0:00 Intro 6:00 Itay Returns 8:00 Reflecting on 2022 12:04 Equi Portfolio 15:35 Threading the Needle 19:10 Destroying Wealth 26:45 Accelerating Chaos 29:10 Inflation and Monetary Supply 38:30 The Fed is Bleeding 43:30 Small Cap Stocks 46:00 Will the Fed Pivot? 55:14 Economic Recession 1:01:14 Recession Indicators 1:02:59 Hopium 1:06:24 The US Banking System 1:09:44 How to Analyze the Economy
----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
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