On Friday I sat down with Richard Bonugli at the Financial Repression Authority and Doomberg to discuss the current situation in global energy and tried to peek into the future as to where Europe and the US are going to find the means to provide dependable and affordable energy to power economic growth. Enjoy the podcast and hopefully it will lead to more high levels of discussion on all things global macro.
Posts Tagged ‘neutral rate’
Notes From Underground: Neutral
August 16, 2022Notes From Underground: Dissecting the Fed With Darius Dale
August 3, 2022I yet another effort to understand where are going with the FED and their so-called NEUTRAL RATE, FRA hosted a podcast with Darius Dale of 42 Macro. It entertains themes familiar to readers of NOTES FROM UNDERGROUND as yield curves and currencies provide the backdrop for a great part of the analysis. We also discussed the next vote of the FOMC to see if the newest GOVERNORS finally find their voice and begin elevating their research into policy. Lisa Cook and Philip Jefferson are well known labor economists that Professor Jason Furman called the most dovish appointees in decades, and yet we have not heard a discouraging word from the FED neophytes.
Notes From Underground: Is Globalization Dead?
March 27, 2022In the past week there were three pieces published by highly respected investors and analysts about how Russia’s invasion of Ukraine will portend the end of globalization. Adam Posen, Larry Fink and Howard Markets all outlined the rollback of globalization as the use of sanctions could lead to the need to shrink supply lines and repatriate capital in an effort to shift foreign production back onshore.