The Macro Trading Floor cover image

Jurrien Timmer: The Trade For A 2023 Recession

The Macro Trading Floor

00:00

Curve Cash - Is the Fed Cutting a Cutting Cycle?

The stock market is taking as the discounted future cash flows of the companies. Those discounting rates are already partially discounting a relatively aggressive fed cutting cycle Not a recession like cutting cycle. The dot plot suggests, you know, two and a half to three. We're going to get a new dot plot in a week or so It's probably going to be a little higher but at three percent three and a half percent I think that's what the market's trading off.

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