Macro Mondays Crypto Volatility, China Rallies... Is the U.S. Next?
29 snips
Aug 26, 2025 The hosts dissect Jerome Powell’s pivotal speech at Jackson Hole, revealing its impact on markets. They discuss Trump’s tactics to sway the Federal Open Market Committee and the subsequent implications for policy. Insights into U.S. equity flows and crypto volatility are explored, alongside the surprising resilience of the U.S. market amidst geopolitical tensions and the Chinese stock rally. Listeners are encouraged to rethink the potential of U.S. assets as skepticism grows in other markets.
AI Snips
Chapters
Transcript
Episode notes
Fed Under Unusual Political Pressure
- Political pressure on the Fed is unusually intense and visible right now. Markets reacted strongly even though Powell largely 'stayed in his lane' at Jackson Hole.
Markets Reward Powell Staying In His Lane
- Powell's Jackson Hole remarks were perceived as dovish because he avoided politics and stayed within conventional Fed messaging. That restraint, not a policy pivot, helped lift markets immediately after the speech.
Account For Heavy US Fund Flows
- Consider that US inflows are strong despite widespread bearish narratives about US credibility. Do not ignore the persistent annual inflows into US assets when sizing exposure.