Viktor Shvets, a global strategist and author of "The Twilight Before the Storm," discusses the turbulence facing the global economy, catalyzed by political shifts like Trump's election. He examines the ongoing re-evaluation of trade dynamics and the historical tensions that influence today’s tariffs. Shvets also sheds light on labor market transformations due to political decisions and societal polarization, offering an optimistic outlook for future advancements. With a touch of humor, he links personal choices, like beer consumption, to broader societal shifts.

Viktor Shvets, a global strategist at Macquarie Capital, argues that the 'transitory' inflation narrative is gaining traction again, as inflation falls while unemployment stays low. He explores how recent optimism is fueled by China's economic reopening and the potential for a soft landing. Shvets discusses deglobalization and its complex effect on inflation, emphasizing that geopolitical risks may not play out as expected. He also highlights the shifting relationships between central banks and market behaviors amid evolving economic dynamics.

Viktor Shvets, a strategist at Macquarie, dives into the recent Federal Reserve's decision to keep interest rates unchanged. He questions if they are behind the curve as economic indicators show slowing growth, including rising jobless claims and declining manufacturing activity. The discussion focuses on the Fed's communication challenges and the risks of policy missteps, emphasizing how geopolitical uncertainties might impact the macro outlook. They also touch on historical economic patterns and their implications for today's investment strategies.

Join Viktor Shvets, a Macquarie strategist with a keen eye for global macroeconomic trends, as he discusses the Federal Reserve's precarious position. He argues that the Fed has become a 'prisoner' of its own data-dependent policies. Shvets explores the implications of recent inflation data for interest rates and examines the repercussions of the Biden administration's tariffs on China. He also delves into generational shifts affecting investments and critiques the Fed's communication strategies in an evolving economic landscape.

MacroVoices welcomes Macquarie chief macro strategist Viktor Shvets to the show. They discuss the geopolitical outlook, inflation, bond yields, recession risk, equity market outlook, gold and much more. https://bit.ly/3WL6enD   Download Big Picture Trading chartbook 📈📉https://bit.ly/3JzMktd ✅Sign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/2JjZR7J   Check out Nick's YouTube channel: https://www.youtube.com/c/Optionfinity Join OptionFinity discord: https://discord.gg/Rvnsv6Y Please visit our website https://www.macrovoices.com to register your free account to gain access to supporting materials

Viktor Shvets, Head of Global and Asia-Pacific Strategy at Macquarie Capital, dives deep into the complexities of global economics. He challenges the common perception that we're on a 1970s inflation track, suggesting a reevaluation could point to a potential deflationary bust. Shvets emphasizes the risks of central banks raising rates too rapidly, which could push economies into recession. He also highlights the intricate relationship between monetary policy, wealth distribution, and navigating the shifting geopolitical investment landscape.

Viktor Shvets, a global strategist and author known for his insights on economic dynamics, shares his thoughts on today's complex landscape. He draws parallels between our times and the 1930s, emphasizing rising societal polarization and government intervention. The conversation dives into China's shifting economic role post-financial crisis, European demographic challenges, and the impact of automation on employment. Shvets also offers advice for investors, advocating for adaptive strategies amid ongoing uncertainties in the global market.

In a compelling discussion, Viktor Shvets, a Managing Director at Macquarie, shares his insights on the future of the economy amid inflation concerns. He expresses skepticism about a prolonged inflation surge and highlights intriguing disinflationary trends. Shvets warns that the next financial crisis might emerge from the explosive growth of cryptocurrencies, challenging traditional market dynamics. He also explores the impact of recent monetary policies, the aftermath of the pandemic, and the evolving nature of fiscal management.

Viktor Shvets, Managing Director at Macquarie Group and author of "The Great Rupture," delves into how COVID-19 has forever altered capitalism. He argues against a return to pre-pandemic economic models, emphasizing the necessity of active fiscal policy and government intervention. Shvets discusses historical resistance to change in economies like China and Russia compared to the adaptability of Western Europe. He also explores the evolving dynamics of labor and capital, suggesting ideas like universal basic income as responses to shifting societal needs.

Viktor Shvets, Macquarie's Head of Asia Strategy, dives into the implications of negative interest rates, which have reached an alarming $17 trillion in debt. He argues that this trend undermines the principle of the 'time value' of money, ultimately hindering economic growth. Shvets also presents a case for rethinking capitalism and political structures as the consequences of negative rates become clearer. Additionally, he discusses the challenges and potential of Modern Monetary Theory in addressing these fiscal dilemmas.