Stephanie Pomboy: Count On A LOT Of Pain Before The Fed Pivots

Aug 31, 2023

Analyst Stephanie Pomboy discusses the potential impact of rate hikes, concerns about high bond yields, and the vulnerability of the economy. The podcast explores the global economy, unsustainable market rally, Fed pivoting, and the effects of Fed policy. It also addresses increasing bankruptcies and ratings downgrades, the vulnerability of junk bonds, and inflation. The chapter concludes with a promotion for part two of the interview and an advertisement for Wealthion Fall Conference and portfolio review service.

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Introduction

00:00 • 2min

Assessing the Global Economy

02:03 • 14min

Discussion on Fed Pivoting, Quantitative Easing, and Market Expectations

16:29 • 5min

The Impact of Fed Policy on the Economy and Financial Markets

21:13 • 20min

The Current State of the Economy: Increasing Bankruptcies and Ratings Downgrades

40:58 • 3min

The Vulnerability of Junk Bonds

43:46 • 19min

Continuing the conversation with Stephanie Pomboy

01:02:28 • 2min

There's a lot of disagreement right now about where the markets are headed.

Much of Wall Street is hoping the rally from the first half of the year will re-ignite, and there's a fair amount of technical analysis suggesting it very well may.

But more investors are starting to worry about the impact of today's bond yields. Suddenly, talk is everywhere about how high they are and fear is growing that they may still rise materially higher.

And of course, fundamental analysts have been warning for quarters now that the lag effect from central banks' historically aggressive rate hikes and balance sheet reduction will be arriving in force soon -- sure to drag economic growth AND financial asset prices downwards.

So what's most likely to happen from here?

We're fortunate to be joined by analyst Stephanie Pomboy today. She's CEO of MacroMavens and at the top of the list of most popular experts with the Wealthion's audience.

Follow Stephanie at https://macromavens.com/ Or on Twitter at @spomboy

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