With stocks, crypto, bonds, gold, and commodities tanking, Jack calls an emergency podcast and asks trusted Forward Guidance regulars, Joseph Wang and Alfonso Peccatiello, to put the ongoing market volatility in the context of runaway inflation and central bank tightening. Filmed live on June 13, 2022.

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Joseph's latest piece, "Turbo Tightening," can be found here: https://fedguy.com/turbo-tightening/

Alf’s latest piece, "The True Reason Why Central Banks Do QE," can be found here: https://themacrocompass.substack.com/p/portfolio-rebalancing-qe?s=r#details

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