Eric Rosengren

Max Kettner, Chief Multi-Asset Strategist at HSBC, predicts economic turbulence ahead and the potential for a recession in 2025. Christopher Hughes, co-founder of Facebook, dives into the challenges facing Big Tech as they gear up for Meta's earnings. Former Federal Reserve President Eric Rosengren shares insights on balancing Fed independence with current economic pressures and the outlook for interest rates. Together, they unravel the complexities of navigating the U.S. economy and emerging market opportunities amidst shifting government policies.

Ryan Petersen, the Chairman and CEO of Flexport, dives into the world of tariffs and discusses how U.S. trade policies reshape business landscapes. Joining him is Eric Rosengren, the former President of the Federal Reserve Bank of Boston, who analyzes key economic data and the labor market's outlook, alongside potential rate cuts. Henrietta Treyz, co-founder at Veda Partners, critiques the Trump administration's trade policies and their economic repercussions, offering insights on the broader implications for U.S. financial strategies.

We had initially prepared an entirely different episode for today, but last week's Silicon Valley Bank collapse, the largest in U.S. history since 2008, meant a quick change of plans.What happened? What is unique about this bank run, and what isn't? How much should regulators be blamed, and how much should bank management be? Do social media and today's frantic digital environment mean this is the end of banking as we know it?Luigi and Bethany talk to two experts with unique insights into the crisis: Chicago Booth Professor Douglas Diamond, who won the 2022 Nobel Prize for his decades-long work on bank runs, and Eric Rosengren, former Boston Fed President, for his view as a regulator. They discuss the factors that led to the collapse, including risky lending practices, lack of oversight, and the challenges of regulating the rapidly evolving world of banking. They also explore the broader implications of the collapse, including the impact on the broader financial system and the role of regulation in promoting financial stability.Show Notes:Nobel Laureate Douglas Diamond on How the Fed Could Have Prevented SVB’s Collapse, by Brooke Fox, on ProMarketHow Do We Avoid the Next SVB? by Chicago Booth Professor Anil Kashyap, on ProMarketLink to the advertised Chicago Booth Review podcast: https://www.chicagobooth.edu/review/podcast?source=cbr-sn-cap-camp:podcast23-20230320

Eric Rosengren, former President of the Federal Reserve Bank of Boston, shares insights on the challenges facing the Fed's dual mandate of employment and price stability. He discusses the current U.S. economic data and stresses the importance of cautious rate adjustments amidst inflation and labor market conditions. Rosengren also raises concerns about Stephen Miran's nomination to the Fed Board, hinting at potential inconsistencies with the current administration's policies. The dynamics of labor market data and the Fed’s independence are key highlights.

David Zervos from Jefferies discusses how the recent Fed rate cut spurred mixed reactions across markets. Barbara Doran from BD8 shares insights into potential stock performance post-cut. Investor Dan Niles focuses on the impact of rate changes on tech and energy stocks. Mark Mobius explores global market opportunities stemming from these economic shifts. Former Boston Fed President Eric Rosengren offers predictions on future Fed policies and their effects on global investment strategies.