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.

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.

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.