Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Introduction
00:00 • 3min
The Effects of Monetary Tightening on the Economy
02:54 • 5min
How to Avoid Refinancing Cliffs
07:50 • 4min
The Impact of the US Doomsayers on the Banking System
11:35 • 4min
The US Credit Impulse in 2022
15:11 • 3min
The Credit Impulse and the Rate of Change
17:52 • 3min
The Portfolio Rebalancing Effect of QE
20:32 • 5min
The Effect of Corporate Bonds on Credit Creation
25:32 • 2min
The Effect of Bank Reserves on Credit Creation
27:12 • 2min
Fiscal Deficits: How to Avoid Them
29:00 • 2min
The T Account and the Government Debt
31:01 • 2min
The Government's Responsibility for Fiscal Deficits
33:19 • 2min
The Fiscal Deficits of the Federal Reserve
35:30 • 2min
The Fed's Quantitative Easing Effect on Banks
37:03 • 5min
The Different Types of Credit Creation
41:44 • 3min
The Problem With Bank Credit Creation
44:21 • 5min
The Fed's Quantitative Tightening and the Stock Markets
49:19 • 2min
How to Estimate Future Stock Market Returns
51:19 • 3min
How to Evaluate the Credit Impulse and S&P 500 Forward Earnings
54:48 • 3min
QT and Balance Sheets: A Portfolio Rebalancing
57:41 • 3min
Bonds Perform Flatishly in a Disinflation
01:00:55 • 4min
The Problem With Shorting Optionality
01:04:49 • 2min
The Future of Bonds
01:06:25 • 3min
The Macro Compass: A Strategy Firm for Institutional Investors
01:09:11 • 2min