On today's edition of "Boiler Room," Alfonso Peccatiello walks through his most recent article on The Macro Compass titled "Trust Me: It Will Be Enough".After this weeks FOMC meeting, as Powell reiterated his hawkish stance, markets struggled to price in Fed policy. With echoes of Mario Draghi's famous "whatever it takes" speech in July 2012, Powell highlighted to markets that "it will be enough", the Fed will be able to break the back of inflation. So just how will markets reach to Powell's "much tighter, for much longer" stance? To find out, you'll have to tune in!-- Follow Alfonso: https://twitter.com/MacroAlf Follow Blockworks: https://twitter.com/Blockworks_ Subscribe To The Macro Compass: https://themacrocompass.substack.com/Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/-- Referenced In The Show: Trust Me: It Will Be Enough: https://themacrocompass.substack.com/p/it-will-be-enough#details--Timestamps:(00:00) Introduction(01:48) The Fed Dot Plot(03:55) Powell Is Channelling His Inner Volcker(07:06) Risk Asset's & Equities(08:37) Final Thoughts-- Disclaimer: Nothing discussed on Boiler Room 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.

On today's edition of "Boiler Room," Alfonso Peccatiello is joined by Brent Donnelly, President of Spectra Markets, for a discussion on FX markets.As the U.S Dollar wrecking ball keeps marching higher, just how is the currency landscape evolving in both emerging and developed markets. How important is energy in determining FX rates in 2022 with the backdrop of a global energy crisis affecting Europe’s current accounts? Finally, Alf & Brent end the discussion talking about the BoJ and their yield curve control. But to hear that, you’ll have to tune in!-- Follow Brent: https://twitter.com/donnelly_brentFollow Alfonso: https://twitter.com/MacroAlf Follow Blockworks: https://twitter.com/Blockworks_ Subscribe To The Macro Compass: https://themacrocompass.substack.com/ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/-- Timestamps:(00:00) Introduction (00:56) What To Expect Ahead of FOMC(04:40) The Effect of Energy On FX(12:13) How Energy Bailouts Will Effect FX In Europe(17:12) The BoJ Will Not Be Bullied-- Disclaimer: Nothing discussed on Boiler Room 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.

On today's edition of "Boiler Room," Alfonso Peccatiello is joined by anonymous analyst Mr. Blonde for a discussion on the forces driving equity markets.Mr Blonde shares his thoughts on current financial conditions, the effect of a strong U.S Dollar on markets, the path forward for the Fed & what we would have to see to target 3200 on the S&P 500. But to hear that, you'll have to tune in!--Follow Mr Blonde: https://twitter.com/MrBlonde_macroFollow Alfonso: https://twitter.com/MacroAlfFollow Blockworks: https://twitter.com/Blockworks_Subscribe To The Macro Compass: https://themacrocompass.substack.com/Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/--Referenced In The Show:Stuck In The Middle: https://stuckinthemiddle.substack.com/--(00:00) Introduction(00:32) Financial Conditions(02:11) How Financial Conditions Effect Equities(04:10) The U.S Dollar(05:34) Real Yields(08:40) The Path Forward For The Fed(15:26) Market Outlook(19:38) The Path Towards 3200 On The S&P 500--Disclaimer: Nothing discussed on Boiler Room 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.

On today's edition of "Boiler Room," Alfonso Peccatiello walks through his most recent article on The Macro Compass titled "Putin vs Europe - The Long War".In June, Putin gave a speech on the global economy that began circulating social media over the weekend. In that speech Putin reiterated the point that ''The economy of imaginary wealth is being inevitably replaced by the economy of real and hard assets''. With all of the problems Europe has faced this year, particularly surrounding energy prices before they head in to winter, Alfonso breaks down Putin's strategy as he aims to bring Europe to its knees.--Follow Alfonso: https://twitter.com/MacroAlfFollow Blockworks: https://twitter.com/Blockworks_Subscribe To The Macro Compass: https://themacrocompass.substack.com/Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/--Referenced In The Show:Putin vs Europe - The Long War: https://themacrocompass.substack.com/p/the-long-war#detailsPutin's Speech On The Economy: https://twitter.com/WallStreetSilv/status/1565704584747749382--Timestamps:(00:00) Introduction(00:28) Putin's Speech On The Economy(06:45) Europe's Business Model Is Reversing--Disclaimer: Nothing discussed on Boiler Room 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.

On today's edition of "Boiler Room," Alfonso Peccatiello walks through his most recent article on The Macro Compass titled "The Moment of Truth for Markets".Alf breaks down what is being priced in European & U.S bond markets after Jerome Powell's Jackson Hole speech and an upside inflation report out of Europe. After a clear market sell-off through the beginning of 2022, markets in recent months have rallied from the lows. Alf argues that now is the "moment of truth". Should we expect further downside throughout 2022 and into 2023, or not? To find out, you'll have to tune in!Read The Moment of Truth for Markets: https://themacrocompass.substack.com/p/the-moment-of-truth-for-markets#details--Follow Alfonso: https://twitter.com/MacroAlf Follow Blockworks: https://twitter.com/Blockworks_ Subscribe To The Macro Compass: https://themacrocompass.substack.com/ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/--Timestamps: (00:00) Introduction(01:24) The European Bond Market(07:33) U.S Markets(09:54) Powell Will Be Happy With Markets Post Jackson Hole(13:30) Final Thoughts--Disclaimer: Nothing discussed on Boiler Room 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.

On today's edition of "Boiler Room," Alfonso Peccatiello is joined by Jim Bianco of Bianco Research LLC.With global inflation rates at multi decade highs, Jim joins the show to discuss the “new era of inflation” we are entering. How will rising energy prices, secular de-globalization and a new work from home dynamic affect inflation in the future?Is the bond market incorrectly pricing lower inflation? To find out, you’ll just have to tune in! --Follow Jim: https://twitter.com/biancoresearchFollow Alfonso: https://twitter.com/MacroAlfFollow Blockworks: https://twitter.com/Blockworks_Subscribe To The Macro Compass: https://themacrocompass.substack.com/Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/–Referenced In The Show:Neel Kashkari Says the Quiet Part Out Loud on Markets: https://www.bloomberg.com/opinion/articles/2022-08-29/neel-kashkari-says-the-quiet-part-out-loud-on-markets Fed Pivot My A*S: https://themacrocompass.substack.com/p/jackson-hole#details War and Industrial Policy: https://plus2.credit-suisse.com/shorturlpdf.html?v=5amR-YP34-V&t=-1e4y7st99l5d0a0be21hgr5ht --Timestamps:(00:00) Introduction(00:21) Neel Kashkari's Comments On Markets(05:14) The Number One Question For Financial Markets Right Now(09:31) A New Regime For Inflation?(13:51) Zoltan Pozsar: War and Industrial Policy(21:23) Asset's To Own In This Environment?--Disclaimer: Nothing discussed on Boiler Room 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.

On today's edition of "Boiler Room," Alfonso Peccatiello walks through his most recent article on The Macro Compass titled "Fed Pivot My A*S”.We just heard Jerome Powell deliver a very decisive speech in Jackson Hole where he stressed that the Fed won’t be making another mistake: after underestimating inflation in 2021 and delaying the tightening cycle, they will not prematurely stop now.Alfonso breaks down how to interpret Jerome’s remarks, what the economic data is showing and where to look for short-term market opportunities.-- Follow Alfonso: https://twitter.com/MacroAlf Follow Blockworks: https://twitter.com/Blockworks_ Subscribe To The Macro Compass: https://themacrocompass.substack.com/ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/--Read Fed Pivot My A*S: https://themacrocompass.substack.com/p/jackson-hole#details--Timestamps(00:00) Intro(01:47) Housing Activity is Slowing Down Rapidly(04:26) Quantitative Tightening Matters(07:19) Monetary Conditions Will Continue to Tighten(10:09) Market Opportunities--Disclaimer: Nothing discussed on Boiler Room 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.

On today's edition of "Boiler Room," Alfonso Peccatiello is joined by Mark Dow author of behavioural macro, a former policy economist, prior hedge fund manager and self prescribed fiat enthusiast.Mark walks through the process of QE & QT and explains how most overestimate the effect they have on liquidity. Does QE actually have any effect on a banks appetite for risk?Alfonso & Mark then discuss if the Fed will remain tighter than most think & what level of inflation will cause the Fed to reverse course. Could the bottom be in? To find out, you'll have to tune in!--Follow Mark: https://twitter.com/mark_dowFollow Alfonso: https://twitter.com/MacroAlfFollow Blockworks: https://twitter.com/Blockworks_Subscribe To The Macro Compass: https://themacrocompass.substack.com/Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/--Timestamps:(00:00) Introduction (00:44) Quantitative Tightening(08:13) Does QE Actually Effect Banks Appetite For Risk?(17:45) What Level Of Inflation Does The Fed Wan't To See?(22:11) The Fed Will Remain Tighter Than Most Think--Disclaimer: Nothing discussed on Boiler Room 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.

On today's edition of "Boiler Room," Alfonso Peccatiello walks through his most recent article on The Macro Compass titled "On The Art Of Macro Portfolio Construction".Many investors have a macro thesis, but how can you translate that into an actionable portfolio? Alfonso breaks down how he approaches portfolio construction by walking through his macro compass model and how these 4 quadrants can influence asset allocation for different periods of the business cycle.-- Follow Alfonso: https://twitter.com/MacroAlf Follow Blockworks: https://twitter.com/Blockworks_ Subscribe To The Macro Compass: https://themacrocompass.substack.com/ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/--Read On The Art Of Macro Portfolio Construction: https://themacrocompass.substack.com/p/macro-portfolio-construction#details --Timestamps:(00:00) Introduction (02:21) The Macro Compass Model(06:03) CAD/JPY(09:06) Structuring A Portfolio With Limited Correlations(12:33) Final Thoughts-- Disclaimer: Nothing discussed on Boiler Room 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.

On today's edition of "Boiler Room," Alfonso Peccatiello walks through his most recent article on The Macro Compass titled "Fading The Soft Landing Narrative".As CPI printed at 8.5%, market participants felt relief as many believe these are the early signs of inflation beginning to subside. On the back of a better than expected inflation report, markets began rallying as the market prices in a soft landing. Alfonso walks through exactly why markets rallied on the better than expected CPI report and if this is really just a bear market rally trap. But to hear that, you'll have to tune in! -- Follow Alfonso: https://twitter.com/MacroAlf Follow Blockworks: https://twitter.com/Blockworks_ Subscribe To The Macro Compass: https://themacrocompass.substack.com/Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/--Referenced In The Show:Fading The Soft Landing Narrative: https://themacrocompass.substack.com/p/fading-soft-landing#details-- Timestamps:(00:00) Fading The Soft Landing(01:52) The Labour Market(04:57) The CPI Report(12:39) Final Thoughts-- Disclaimer: Nothing discussed on Boiler Room 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.