
Setting Course Episode 4 | Bob Elliott, CEO & CIO, Unlimited
SmarterMarkets™
Understanding the Current Macroeconomic Stance
This chapter explores the unexpected economic growth and strong equity market observed at the end of the previous year, analyzing the impact of COVID-19 on the growth. It discusses the slow-moving nature of the macro economy and its insensitivity to short-term interest rate changes. The chapter also highlights the concept of long and variable lags in monetary policy and their impact on the economy.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.