Lots More: Did the Fed Just Make a Policy Mistake?
Odd Lots2 Aug 2024

Lots More: Did the Fed Just Make a Policy Mistake?

This week, the Federal Reserve opted to keep interest rates unchanged while suggesting that it could cut as soon as September. But there's an ongoing discussion about whether or not the Fed is behind the curve, with some of the most recent data suggesting that the economy is already slowing. On Thursday, for instance, initial jobless claims rose to the highest level in almost a year while the ISM survey showed manufacturing activity shrinking by the most in eight months. So is the Fed making a massive policy error by keeping rates on hold? And does it matter? We bring back Macquarie strategist Viktor Shvets to discuss the recent central bank decision, the macro outlook, and the impact of geopolitical uncertainty.

Read More: Fed on Course for September Rate Cut as Risks to Job Market Grow

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    Episoder(1189)

    How War in Iran Will Squeeze America's Farmers Even Further

    How War in Iran Will Squeeze America's Farmers Even Further

    America’s farmers can’t seem to catch a break. Years of thin margins and rising costs have already stretched them to the limit. And now, war with Iran is making things even harder. The conflict is dri...

    19 Mar 47min

    War in Iran Is Redrawing the Map for Natural Gas

    War in Iran Is Redrawing the Map for Natural Gas

    Mostly, the world has been watching the price of oil skyrocket amid the war in Iran and the de facto closure of the Strait of Hormuz. But there's more than just oil that comes out of the region. Qatar...

    18 Mar 44min

    War in Iran is Chewing Through American Missile Stockpiles

    War in Iran is Chewing Through American Missile Stockpiles

    The war in Iran has been fought almost entirely in the skies, with both offensive missiles, as well as anti-missile defense systems. But the math is brutal. The war in Ukraine has already put a dent i...

    16 Mar 44min

    What War in Iran Means for China's Teapot Oil Refineries

    What War in Iran Means for China's Teapot Oil Refineries

    In the wake of the war in Iran, oil prices have shot up for everyone. But not all oil is exactly equal. And, obviously, a lot of Iranian oil goes to China specifically. Furthermore, because Iran’s oil...

    13 Mar 43min

    Legendary Hacker Matt Suiche on Cyberwar in the Age of AI

    Legendary Hacker Matt Suiche on Cyberwar in the Age of AI

    We tend to think of warfare in two distinct arenas: the physical and the digital. Increasingly, however, those lines are blurring. Last week, Iran launched drone strikes on data centers in the UAE and...

    12 Mar 49min

    War in Iran Is Creating a Fertilizer Crisis Like Never Before

    War in Iran Is Creating a Fertilizer Crisis Like Never Before

    We all know that the war with Iran has sent oil prices spiking. But it’s also pushing up the cost of all sorts of chemicals, including fertilizers like urea, ammonia and other nitrogen products that a...

    11 Mar 30min

    Rory Johnston on How Oil Could Surge to Over $200 a Barrel

    Rory Johnston on How Oil Could Surge to Over $200 a Barrel

    Oil has obviously spiked massively since the start of the war with Iran. And if you look at various end products, such as jet fuel, the surge is even more extreme. And if the war is prolonged, or if t...

    10 Mar 36min

    Robinhood CEO Vlad Tenev on Tokenization and Prediction Markets for Everything

    Robinhood CEO Vlad Tenev on Tokenization and Prediction Markets for Everything

    Last year, we had Robinhood CEO Vlad Tenev on the podcast to talk to us about his company's plans to tokenize shares of private companies. The idea is that retail investors want to participate in hot ...

    9 Mar 51min

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