Stephanie Pomboy, a macroeconomic analyst and founder of MacroMavens, dives into the intriguing dynamics of today's economy. She discusses the market's surprising response to military actions in Iran and critiques the Federal Reserve's often delayed decisions. Attention turns to the growing student loan crisis, with alarming delinquency rates impacting consumer spending. Pomboy also shares her bullish outlook on gold and silver as safeguards in tumultuous markets, making a compelling case for investing in tangible assets amidst economic uncertainty.
01:00:19
forum Ask episode
web_stories AI Snips
view_agenda Chapters
auto_awesome Transcript
info_circle Episode notes
insights INSIGHT
Market Optimism Post Iran Bombing
The market showed optimism after the US bombing Iran's nuclear site, contrary to expectations of a downturn.
This was driven more by oil prices dropping and risk-on sentiment than hopes for Middle East peace.
insights INSIGHT
Fed Rate Cut Timing Debate
The Fed may cut rates sooner than expected, possibly in July, as some Fed governors signal more dovish policies.
The bond market reacted negatively to the last rate cuts due to poor timing; this could influence future Fed actions.
insights INSIGHT
Tariffs Less Inflationary Than Feared
Tariffs under the first Trump administration didn't cause inflation due to stronger global economy and China absorbing costs.
Today, weaker consumer finances and broader tariffs make it unlikely consumers can bear tariff costs, limiting inflationary pressure.
Get the Snipd Podcast app to discover more snips from this episode
In our latest bi-weekly livestream with Stephanie Pomboy this morning, we had a lot of ground to cover.We tackled the unexpected market reaction (stocks up/oil down) to this weekend’s bombing of Iran’s nuclear facilities by the US, whether the Fed is earning its “too late & often wrong” criticism, fast-growing delinquencies among student loans, the dwindling inflationary odds, and the brightening outlook for gold.
Thoughtful Money with Adam Taggart 