Forward Guidance Carolyn Sissoko & Joseph Wang on the Fed Pivot and “Too Big To Fail” In Private Equity & Leveraged Loans
5 snips
Dec 25, 2023 Carolyn Sissoko and Joseph Wang discuss the Fed's potential interest rate cuts in 2024, the collateral supply effect, and the merging of credit allocation facilities and money markets. They also touch on the rise of "Too Big To Fail," the separation of bank lending and money markets, central bank digital currencies, and the impact of the Fed's interest rate hikes on the financial system. Finally, they analyze the gamble in private equity and leveraged loans and discuss the outlook for stocks.
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Episode notes
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Introduction
00:00 • 4min
The Federal Reserve's Soft Landing and the Importance of Capital Costs
04:12 • 30min
The Consequences of Banks Putting Funds in Capital Markets
34:38 • 4min
Central Bank Digital Currencies and Banking System Distortions
38:21 • 18min
The Role of Repurchase Agreements in the Financial System
56:21 • 7min
The Impact of Fed's Interest Rate Hikes on the Financial System
01:03:42 • 21min
Analyzing the Gamble in Private Equity, Stablecoins, and the Outlook for Stocks
01:24:40 • 3min