Unusual Whales cover image

Pod 20: March FOMC, Banking Collapses, Jerome Powell, 25 bps, and the Fed Navigating Sticky Inflation

Unusual Whales

00:00

Do You Think We're Going to Have a Budget Cut?

I think the policymakers are just, you know, we say they're always fighting the last war, so they're always nervous of something. The failure of a G-SIB over the weekend just kind of went away overnight. What's easiest for the market would be to just assume that rates would be cut and asset prices will go higher since policymakers are afraid of anything bad happened that cuts off. Love tail risk and makes the outcomes bias towards higher. Well, how about just avoidance of crushing asset prices? That's what we're seeing.

Play episode from 01:08:17
Transcript

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