Luke Gromen, founder of Forest For The Trees, returns to Forward Guidance to share his views on the steep sell-off in the long-end of the U.S. Treasury market. Filmed on September 25, 2023.
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Timecodes:
00:00 Introduction
24:37 Powell Is No Volcker - Luke Gromen
28:18 The Fed Has Broken The U.S. Energy Market
38:35 Will Demand Destruction Keep Oil Prices From Spiraling Out Of Control (Greater than $120)?
42:51 How Long Till The Fed Intervenes?
47:49 The Banking System
49:53 Not Worried About A U.S. Recession
53:06 High Interest Rates Deteriorate Financial Stability
57:44 Standing Repo Facility
01:05:00 Only Thing That Saves U.S. Fiscal Situation Is "Productivity Miracle"
01:07:26 The U.S. Is In An Argentina Situation
01:09:27 Luke Gromen's Views On Stocks
01:12:17 Gold & Bitcoin
01:16:55 U.S. Will Likely Maintain Status of World's Reserve Currency For A While
01:17:55 About Forest For The Trees
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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.
