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Let Them Eat Equities! The Economic Chickens Come Home to Roost, Feat. Luke Gromen
One of the best-known macro analysts breaks down last week’s Jerome Powell speech and whether it truly represents a new policy era for the Federal Reserve.
Updated Sep 14, 2021, 9:51 a.m. Published Sep 2, 2020, 7:00 p.m.
One of the best-known macro analysts breaks down last week’s Jerome Powell speech and whether it truly represents a new policy era for the Federal Reserve.
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This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
Today on the Brief:
- Debt will exceed U.S. GDP for the first time since 1946
- SPACs in action!
- Decentralized exchange volume flippens centralized exchanges
Our main conversation is with Luke Gromen, founder of the Forest for the Trees consulting firm.
In this conversation, we discuss:
- Chairman Powell’s speech and whether this is a true policy departure
- The evolving relationship between the Federal Reserve and Treasury Department
- What it would mean to get China to start “footing the bill”
- The gold narrative
- Why stock price gains are unlikely to keep U.S. citizens satisfied with the economy for long
See also: Everything You Need to Know About Jerome Powell’s Jackson Hole Speech
Find our guest online:
Website: fftt-llc.com
Twitter: @LukeGromen
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.
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