In this episode, Jonny Matthews joins the show to discuss Fed policy and its impact on yields, US productivity, and resilience in the labor market. We also delve into the Trump Administration's potential impact on markets, the outlook for US equities, and much more. Enjoy!
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Timestamps:
(00:00) Introduction
(01:11) No Recession Call
(04:04) Fed Meeting
(06:43) Fed Policy & Era Of Higher Rates
(10:27) US Vs Global Productivity
(14:27) Global Growth Outlook
(17:12) Inflation Overview
(22:35) Income & Consumption Disparities
(25:36) Impact Of Fed Policy
(29:20) Ads
(30:33) Labor Market Overview
(35:42) Trump’s Potential Immigration Policy
(38:12) Fading DOGE, Deregulation, & Tariffs
(40:25) SOFR, Term Premium, & Central Bank Policy
(47:42) Risk Assets & US Equities
(50:52) Fed Gilt Crisis Moment?
(52:33) Alternative Assets
(55:05) Euro & US Dollar
(57:10) Learn More About Jonny’s Work
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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.