Cash Is King During Fed's Hawkish Warpath, Says Former $20 Billion Fund Manager| Alfonso Peccatiello скачать в хорошем качестве

Cash Is King During Fed's Hawkish Warpath, Says Former $20 Billion Fund Manager| Alfonso Peccatiello

Alfonso “Alf” Peccatiello, author of The Macro Compass and former $20 Billion fund manager, joins Jack Farley to break down yesterday’s action-packed Fed meeting, in which Fed Chair Jay Powell laid out the Fed’s revised framework for moderating the rampant inflation that has beset the U.S. economy. Alf tells Jack why the tightening of financial conditions that the Fed aims for requires a further fall in risk assets, and therefore he expects that cash will perform well. Filmed the morning of June 16, 2022. -- Follow Alf on Twitter   / macroalf   Follow Jack on Twitter   / jackfarley96   Follow Blockworks on Twitter   / blockworks_   Alfonso Peccatiello’s writings can be found at https://themacrocompass.substack.com/ His most recent piece that he and Jack discuss can found here: https://themacrocompass.substack.com/... -- The Fed’s June statement: https://www.federalreserve.gov/moneta... The Fed’s Summary of Economic Projections (SEP): https://www.federalreserve.gov/moneta... -- Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Timestamps 00:00 FOMC Overview 06:30 Powell - Good Cop or Bad Cop? 09:40 Inflation Expectations and Terminal Rate 12:25 Leverage and VaR Shock 17:08 Can The Fed Actually Control Inflation? 23:13 The Impact Of Higher Rates On Portfolio Allocation 29:37 What Does This Mean For Your Portfolio? 41:43 The Fed's Real Yield Paradigm Shift -- 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.