AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Real Vision: Finance & Investing
The Fed's Own Worst Enemy ft. Michael Kao & Harry Melandri
Oct 22, 2024
Michael Kao, CEO of Akanthos Capital Management, joins Harry Melandri of MI2 Partners to dissect the repercussions of what Kao terms 'Powell's Premature Pivot.' They explore potential shifts in the U.S. dollar that could trigger a global rate-cutting cycle, impacting inflation and oil prices. The duo critiques the Federal Reserve's recent decisions amidst the resilient U.S. economy, examines the complexities faced by low-end consumers, and discusses the geopolitical tensions stemming from China’s economic challenges.
01:09:22
Episode guests
AI Summary
Highlights
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Michael Kao raises concerns over the Federal Reserve's potentially premature policy shifts, warning of inflationary pressures despite stable macroeconomic data.
- The discussion emphasizes supply inelasticities in various sectors, particularly housing, which threaten economic stability by amplifying inflation from demand shifts.
Deep dives
Introduction to CallShe
CallShe is introduced as a groundbreaking app that serves as the first legal exchange for trading on various events, including political outcomes. As of October, it has received approval to offer regulated markets focused on elections, allowing users to place trades on potential outcomes such as presidential elections and congressional control. The app also features trading options for other events, such as inflation and entertainment awards, providing a diverse platform for traders. An example trade involving Kamala Harris illustrates how users can speculate on election outcomes, enhancing engagement with real-time data.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
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