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

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Crypto: Blockworks
June 16, 2022

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 https://twitter.com/MacroAlf
Follow Jack on Twitter https://twitter.com/JackFarley96
Follow Blockworks on Twitter https://twitter.com/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/p/bad-cop-good-cop?s=r#details
--
The Fed’s June statement: https://www.federalreserve.gov/monetarypolicy/files/monetary20220615a1.pdf
The Fed’s Summary of Economic Projections (SEP): https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20220615...
--
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.

The views or opinions expressed in the broadcasts are solely those of the individuals involved and do not necessarily represent those of INK Research and Canadian Insider.