Forward Guidance

Michael Howell: Can The Fed Keep Raising Rates During A Banking Crisis? | Michael Howell

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Mar 22, 2023

Michael Howell examines the Fed’s next move as bank turmoil collides with stubborn inflation. The discussion ranges from emergency liquidity and the Fed’s expanding balance sheet to bond volatility, inverted yield curves, shadow banking, gold, Bitcoin, and what the banking crisis could mean for markets.

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Is This a Funding Crisis?

Is the Fed's Liquidity Problem or a Solventity Issue?

The Market Reaction to the FOMC

Is This a Quantitative Easing?

Fed Balance Sheet - What's the Minimum Operating Level for Reserves?

What's the Transformation of Risk?

Is the Federal Reserve's Balance Sheets Still on the Way?

The US Fed and the People's Bank of China Are the Important Central Banks in the World

Bitcoin Gold - Is the Market in Free Fall?

The Inverted Yield Curve Is Exposing a Lot of Funding Problems

Bond Volatility Is Coming Down

Is the Turbulence in the Banking Sector Causing Banks to Curb Their Lending?

Is SVV Hedging a Good Thing?

Is the 10 Year Treasury Bond a Wash?

01:02:02 • 2min

Block Works Research

01:03:50 • 5min

Is the Yield Curve a Predictor of a Recession?

01:08:33 • 4min

Can You Just Describe What You're Saying Before About Nationalization of the Banking System?

01:12:51 • 4min

Capital Wars - What Do You Think Happens to the Stock Market?

01:17:09 • 3min

The Fed Meeting - Is That a Good Heading Up?

01:19:59 • 2min

Should You Buy Risk Assets?

01:22:10 • 4min