“Soft Landing” Very Unlikely As Global Inflation Crisis Rages On | Darius Dale & Juliette Declercq
On today’s episode of Forward Guidance, Jack is joined by two phenoms of macro analysis: Juliette Declercq of JDI Research and Darius Dale of 42Macro. The two explore the likelihood of the Fed’s much-desired “soft landing,” a scenario in which inflation moderates without a severe hit to economic growth or asset prices.
Both Declercq and Dale argue that a soft landing is unlikely and that a fall in inflation will likely require not only a steep selloff in stocks but also a nosedive in economic growth that could amount to a recession. The trio also discuss the natural rate of interest (“R*”), financial repression, and demand destruction.
--
Follow Darius Dale on Twitter https://twitter.com/42macroDDale
Follow Juliette Declercq on Twitter https://twitter.com/JulietteJDI
Follow Jack Farley on Twitter https://twitter.com/JackFarley96
Follow Blockworks on Twitter https://twitter.com/Blockworks_
Subscribe To The Blockworks Newsletter: https://blockworks.co/newsletter
____
Bit.com is a full-suite cryptocurrency exchange launched by Matrixport, an integrated financial services firm headquartered in Singapore. Since August 2020, Bit.com has been online supporting the spot, perpetual, futures, fixed income and options products, with a particular highlight being pioneers to launch BCH options. Bit.com is the second-largest in the BTC and ETH options market.
Call to action: For any further enquiry, please contact vip@bit.com.
Sign up URL: https://bit.ly/3KlgLR3
App download URL: https://bit.ly/3xer6uI
--
Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/
--
(00:00) Introduction
(00:45) The Most Confusing Times In Macro?
(04:30) How Far Can The Fed Go In Tightening Monetary Policy?
(10:35) Odds Of A Soft Landing
(21:02) What Will It Take To Break Inflation?
(26:20) Bit.com Ad
(26:52) The End Of Free Money
(29:54) Europe
(34:14) Shorting Equities
(38:00) "The Scariest Chart in Macro"
(44:07) Asset Allocation
--
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.