Danielle DiMartino Booth, CEO and chief strategist at QI Research, returns to Forward Guidance to share her thoughts on May 3rd’s Federal Reserve’s meeting of the Federal Open Market Committee (FOMC) as well as the ongoing issues at several regional U.S. banks.
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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.
(00:00) Intro
(11:02) When Will The Fed Pivot (Cut Rates)?
(15:40) Powell Wants To Get Rid Of The Fed Put
(25:20) Calling Inflation "Transitory" Was "A Path To Hell"
(29:11) "Powell Will Stand His Ground"
(34:30) Permissionless
(35:34) The Balance Sheet
(40:17) Powell Won't Save The Banks
(47:41) Blockworks Research
(48:41) The Debt Ceiling
(54:08) "This Is Going To Be A Really Ugly Recession"
(58:03) Door To A June Hike Is Ajar
(59:11) The Bernanke Doctrine
(01:01:26) Danielle's Views On Private Credit Are Evolving