In this episode, Bob Elliot joins the show to discuss the Fed’s latest interest rate decision, the ongoing "over easy" monetary policy, and the election’s impact on the Fed and markets. We also delve into the labor market, fiscal deficits, and much more. Enjoy!

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Timestamps:

(00:00) Introduction

(01:31) FOMC Takeaways

(02:48) Is Policy Restrictive?

(07:20) Are Cuts Fairly Priced?

(09:54) Cuts Are Coming No Matter What

(12:39) Over Easy Monetary Policy

(15:40) Quantitative Tightening

(18:24) What The Fed SHOULD Do

(22:20) Ledger Ad

(23:05) The Labor Market

(26:33) Election Impact On The Fed

(31:40) Can The Fed Tame Inflation?

(35:22) Fiscal Deficits

(42:51) Asset Allocation

(44:42) Credit Spreads

(46:39) Foreign Markets & Monetary Policy

(49:58) F*ck Valuations

(52:11) Follow Bob'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.