In this discussion, Jon Turek, founder and CEO of JST Advisors, shares his expertise on the current state of the US labor market and its increasing vulnerabilities. He highlights concerning trends, including a decline in sectors adding jobs and struggles within the housing market. Turek also delves into the implications of government efficiency and fiscal conditions that may hinder employment growth, cautions about the risks of an economic slowdown, and stresses the importance of monitoring these developments closely.

Jon Turek, founder of JST Advisors and author of the Cheap Convexity blog, joins Tim Duy, Chief US Economist at SGH Macro and an economics professor, for an engaging discussion on inflation and the Fed. They analyze the recent CPI report showing cooler inflation and the Fed's shift to a 50 basis point hike. The guests explore the challenges of monetary policy, labor market dynamics, and the global economic impact of recent central bank actions, emphasizing the importance of adapting investment strategies in this uncertain landscape.

Jon Turek, founder of JST Advisors and author of the Cheap Convexity blog, dives into the strength of the U.S. dollar amid global crises. He discusses how the dollar is hitting a 20-year high against the euro and the yen, raising concerns about a looming recession. Turek explains the 'doom loop' that strengthens the dollar while stifling economic growth. He also touches on the adaptive strategies of central banks, particularly in Europe and Japan, highlighting the complex landscape of global macroeconomics and currency dynamics.

Jon Turek, author of the Cheap Convexity blog and founder of JST Advisors, shares his insights on the macroeconomic landscape. He delves into the implications of rising inflation and its effects on risk assets and bonds. Turek discusses challenges in navigating the post-pandemic economy, including wage growth and changing consumer behaviors. He also uncovers the Federal Reserve's strategies regarding interest rates, examining their impact on market dynamics and the bond market, all delivered with a touch of humor.

In this engaging discussion, Naufal Sanaullah, Chief Macro Strategist at EIA All Weather Alpha Partners, and Jon Turek, author of the Cheap Convexity blog, share their insights on the macroeconomic outlook for 2021. They analyze post-pandemic market recovery, highlighting the surge in stock prices and shifts in investor focus. The conversation touches on changing monetary policies, the implications of government stimulus, and evolving consumer behaviors. They also explore the potential emergence of new market leaders and the ongoing impact of inflation expectations.