4min chapter

The Macro Trading Floor cover image

The Fed Will Break Inflation's Back, No Matter What | Teddy Vallee

The Macro Trading Floor

CHAPTER

Global Macro

Global macro was effectively dead for, what, five to ten years, one can say, because of low vall across us. The ones that's standing out the most are long in treasury bonds, which are about 15 to 20 % of called from the height of the growth cycle. On average, during global growth down cycles, they're up 25%. So it's this big, big gap that we're seeing right now.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode