With Mike out, Jack Farley of the Forward Guidance podcast fills in to guest-host this episode. Mark and Jack talk about everything from the Knights Templar to the potential approval of Blackrock's spot Bitcoin ETF.--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Mark: https://twitter.com/MarkYuskoFollow Jack: https://twitter.com/JackFarley96Follow Blockworks: https://twitter.com/blockworks_--Use code GUIDANCE20 to get 20% off Permissionless 2023 in Austin:https://blockworks.co/event/permissionless-2023Research, news, data, governance and models – now, all in one place. As a listener of Forward Guidance, you can use code GUIDANCE10 for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/__Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Expert Jack Farley discusses the ongoing inflation problem, misconceptions, and economic indicators impacting citizens. Topics include 'vibecession,' housing affordability crisis, wealth accumulation through housing and crypto, balancing portfolios, and Fed's influence on markets during election years.

Follow Forward Guidance On Spotify: https://spoti.fi/3poBcr6Follow Forward Guidance On Apple Podcasts: https://apple.co/3hXQu2FFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX__This week, as Mark continues his tour around Europe, Jack Farley host of the Forward Guidance podcast joins the show to discus the top stories of the week. As economic data & growth remains resilient, markets continue rallying despite negative sentiment coming into the year. We discuss whats in store for the second half of the year & whether the Fed will get their soft landing?—Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Jack: https://twitter.com/JackFarley96Follow Michael: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_—Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/—Use code PODS20 to get 20% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023—Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

During her tenure as Chair of the Federal Deposit Insurance Corporation (FDIC) from 2006 to 2011, Sheila Bair managed over 300 bank failures, including the collapse of Washington Mutual in September 2008, the largest bank failure in American history.Bair joins Forward Guidance to apply her vast experience to share insight on recent failures of Silicon Valley Bank, Signature Bank, and First Republic. Filmed the afternoon of May 18, 2023.____Today’s show is brought to you by VanEck. Go to https://vaneck.com/ForwardGuidanceto access VanEck's Income Investing Yield Monitor.____Follow @vaneck_us on Twitter, this episode's sponsor https://twitter.com/vaneck_usFollow Sheila Bair on Twitter https://twitter.com/SheilaBair2013Follow Jack Farley on Twitter https://twitter.com/JackFarley96Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidanceFollow Blockworks on Twitter https://twitter.com/Blockworks_____Timestamps:(00:00) Introduction(06:37) Right Now, The Main Issue Is Interest Rate Risk(12:56) What Causes A Bank Run?(17:55) Are Bank Runs Faster In An Age of Mobile Banking?(21:55) Van Eck Ad(22:45) Money Market Funds and The Fed's Reverse Repo Facility Is Where A Lot Of Bank Money Is Going(25:33) Risk Of Further Big Bank Consolidation(29:51) Best Time To Shut Down A Bank Is Friday Night(31:10) Federal Reserve Lending To Insolvent Institutions Increases The FDIC's Cost To Resolve Failed Banks(32:53) How To Know When To Shut Down A Failing Bank(34:51) "I Was Surprised At The Biden Administration's Level Of Involvement"(37:12) The Systemic Risk Determination, Explained(42:56) 2018 Loosening Of Regulation of Regional Banks(47:35) Forcing Banks To Raise More Equity (i.e. sell stock)(49:31) The Federal Reserve's Role As Bank Regulator____Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Quinn Thompson, an economic projections expert, joins Tyler Neville, a financial analyst focused on the Fed, Jack Farley, a market trend analyst, and Felix, a private credit specialist. They delve into the implications of recent Fed decisions, bullish market signals, and the complexities of recession calls. The conversation touches on the trajectory of the economy, private credit markets, and intriguing concepts like the 'banana zone.' Their insights offer a clear snapshot of the interplay between economic policies and market dynamics.

Joseph Wang discusses the hawkish Fed conference, asset prices, rates, and the timing of quantitative tightening. They also explore the transmission mechanism of fiscal policy, the role of the discount window, and the bullish outlook for equity markets.

Talmon Smith, a New York Times contributor and economic analyst, teams up with financial journalist Jack Farley, to explore the cooling labor market. They discuss the implications of interest rates on hiring and the concept of a soft landing for the economy. The duo dives into modern monetary theory (MMT), dissecting its role in government finance. They also analyze the challenges faced by first-time home buyers and the dynamics of private credit in today's economic landscape.

Economic analyst Jack Farley discusses why inflation is still a problem despite early signs of economic slowdown. They explore the concept of a 'vibecession,' housing market challenges, investment strategies, potential rate cuts, and geopolitical moves. The conversation also delves into market dynamics, cultural reactions to public figures, and voting rights. A mix of economic insights and insightful banter.

Jeremy Siegel, Dave Goodson, Jeremy Schwartz, and Jack Farley discuss macro view on bonds, stocks, and economy, as well as analysis of securitized products including agency MBS, non-agency MBS, commercial MBS, and CLOs. They cover topics like impact of higher rates, tech company performance, attractiveness of bonds vs stocks, risks and opportunities in non-agency and MBS market, pricing of CLOs, risks in the CMBS market, and asset-backed securities market analysis.

In this lively outdoor chat, Jim Bianco, founder of Bianco Research, and Jack Farley from Blockworks illuminate financial markets while fishing in Maine. They dissect the implications of high inflation, explore a potential 'no landing' scenario for the economy, and analyze the transformative role of ETFs in the bond market. The duo also shares insights on how the Federal Reserve's moves on interest rates could affect future economic trends and discusses the intersection of finance with the current political climate.