Odd Lots

Where Things Stand Now With Inflation and the Fed

Dec 19, 2022

Jon Turek, founder of JST Advisors and author of the Cheap Convexity blog, joins Tim Duy, Chief US Economist at SGH Macro and an economics professor, for an engaging discussion on inflation and the Fed. They analyze the recent CPI report showing cooler inflation and the Fed's shift to a 50 basis point hike. The guests explore the challenges of monetary policy, labor market dynamics, and the global economic impact of recent central bank actions, emphasizing the importance of adapting investment strategies in this uncertain landscape.

49:37

Creator website

Episode guests

Tim Duy

Jon Turek

AI Chapters

Episode notes

Intro

2min

Navigating Inflation and Interest Rates

13min

Navigating Inflation Hesitance and Investment Strategies

3min

Navigating Labor Markets and Monetary Policy

18min

Understanding Fed Policies and Market Expectations on Inflation

5min

Global Central Banks and the Fed's Dilemma

13min

Navigating the Complexity of Global Economic Shifts

3min

Last week was a big one. On Tuesday, we got a CPI report that came in substantially cooler than expected. Then on Wednesday, the Fed hiked 50 basis points, which was a step down from the series of 75 basis point hikes that we had been getting at recent meetings. So where do things stand now? When will we get a proper pivot? When will the Fed feel confident that inflation has been defeated. We spoke with two macro guests: Jon Turek, founder of JST Advisors and author of the Cheap Convexity Blog, as well as Tim Duy, Chief US Economist at SGH Macro as well as a Professor of Practice in economics at the University or Oregon. They gave as their readings on inflation, the Fed, and what to watch at the start of 2023.

See omnystudio.com/listener for privacy information.