Is the Cape Cycle a Good Idea?

Dominique Dwor-Frecaut is a macro strategist for Macro Hive based in Los Angeles. She has been producing alpha generating trade ideas in FX and rates in EM and G10 at established and startup macro hedge funds in the US since 2011, including at Bridgewater. She has also produced in depth analysis of central banks policies and procedures drawing on her experience at the New York Fed, the IMF and the World Bank as well as on the buy and sell side. Before moving to the US, she covered Asian and global EMs at Barclays capital, ABN AMRO and RBS from Singapore. She holds a PhD in economics from the London School of Economics. In this podcast we discuss:

Why Powell and the Fed reacted late to inflation, comparison to Volker period, if the Fed has a framework, and how strong the Fed Board is. She further discussed why the US labour market is weaker than most think, why structural inflation is still low, why the US will enter a recession, unintended consequences of Russia-Ukraine War, and much more.