The Compound and Friends cover image

The Compound and Friends

Charts Out the A**

Feb 2, 2024
01:31:28
Snipd AI
Warren Pies discusses stocks after all-time highs, the Fed, MMT, election year markets, Mark Zuckerberg as a doomsday prepper, iShares Bitcoin Trust, and more!
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Podcast summary created with Snipd AI

Quick takeaways

  • Rate cuts by the Federal Reserve are likely in the near future and will have a significant impact on the market.
  • The massive debt and money printing during the pandemic can potentially lead to inflation and a shift in the policy landscape.

Deep dives

The Fed and the Timing of Rate Cuts

The podcast episode discusses the recent statements made by Federal Reserve Chair Jerome Powell regarding the timing of rate cuts. Powell emphasized that the Fed is not planning to cut rates in March, but the possibility remains for later in the year. The speaker questions the rationale behind some people's belief that the economy is not bad enough for rate cuts in March and highlights that rate cuts can be beneficial for stimulating the economy and addressing issues in various sectors like housing and autos. The bond market has already priced in a rate cut cycle and the 10-year Treasury yield reflects this expectation. Despite the current debates and skepticism, the speaker believes that rate cuts are imminent, either in March or May, and that the Fed's actions will likely have a significant impact on the market.

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