Chapter
The Importance of Data Over the Fed's Statements
23:01 - 28:34 (05:33)
The relevance of the inflation data is more crucial than the Federal Reserve's announcements. Recent false statements made by the Federal Reserve indicate that its words hold less significance compared to actual data.
Clips
The Federal Reserve may raise rates by 50 basis points towards the end of the year, which would bring the Fed funds rate up to about the two-year bond rate.
23:01 - 25:14 (02:13)
Summary
The Federal Reserve may raise rates by 50 basis points towards the end of the year, which would bring the Fed funds rate up to about the two-year bond rate. Market rallies are driven by a combination of Fed rate cuts and comments.
ChapterThe Importance of Data Over the Fed's Statements
EpisodeE90: Twitter subpoenas, market overview, Pelosi's Taiwan visit & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker emphasizes the significance of data over the Federal Reserve's statements regarding inflation, stating that if inflation does not decrease in the next few months, rate increases may continue.
25:14 - 27:43 (02:29)
Summary
The speaker emphasizes the significance of data over the Federal Reserve's statements regarding inflation, stating that if inflation does not decrease in the next few months, rate increases may continue. They also note that the US has never seen a period where CPI successively exceeded 5% without aligning with Fed funds at the same rate.
ChapterThe Importance of Data Over the Fed's Statements
EpisodeE90: Twitter subpoenas, market overview, Pelosi's Taiwan visit & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The situation in Eastern Europe is escalating and the recent NATO situation and Taiwan visit may only make it worse.
27:43 - 28:34 (00:51)
Summary
The situation in Eastern Europe is escalating and the recent NATO situation and Taiwan visit may only make it worse. Meanwhile, emerging markets like Argentina and Brazil are facing their own problems with high inflation and political unrest.