Stocks are sliding and bonds are rallying, as investors react to accumulating evidence that inflation will persist even though the economy is slowing down. There’s a word for that kind of scenario: stagflation. “The Fed is facing one of the worst predicaments of its existence,” tweeted Tavi Costa. “The US economy simply cannot handle the Fed’s continued monetary tightening.” Costa, a partner and portfolio manager at Crescat Capital, joins Real Vision’s Ash Bennington to talk about the confluence of three macro extremes. We also hear from Hari Krishnan about how there may not be a solution for the Federal Reserve’s dilemma. Want to submit questions? Drop them right here on the Exchange: Watch the full conversation featuring Hari Krishnan and Ash Bennington here:
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How Do You Solve a Problem Like Stagflation?
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Toby.. pronounced T(oa)by… his mother is off the sofa right now…
If housing doesn’t come down then this war on cost of living is not complete. Housing got too hot and that’s a massive issue when people look at their finances
6:30
not sure I learned any thing but I like this guy and more balanced, and correct, than tony as example
Who is this guy Toby 😂
A deep dive into the real estate market outlook one of these days would be appreciated. 😁
Spending less while as producing more is simple. It's called productivity. We don't need non-producers and services of shifting quality for the moment.
Ash!!!
Ash, what happened that now every third word is 'uhh'. It is super annoying. Please try to get rid of it. You are such an excellent host, don't let this little thing tarnish this.
Stagflation defined – Stagflation is characterized by slow economic growth and relatively HIGH unemployment—or economic stagnation—which is at the same time accompanied by rising prices (i.e., inflation). Stagflation can be alternatively defined as a period of inflation combined with a decline in the gross domestic product (GDP). The term was created in the 1970's. Do yourself a favor look up the value of the S&P500 on your birthday and now see where it closed today "the worst" start to a year for the first time since 1970. Then ask does any of this information really matter to my long term investment philosophy. Ask yourself how does this add value to my life.
The stimmy check ballers are getting their cars repossessed. These are leading indicators!!
Listen to Tavi…you, bubble vision. It's not too late for Roul to admit his garage macro views.
Tavi was a great guest 👍
Boring. Typical consensus analyst. Gold should do well in this environment blah blah blah.
“Hold gold over treasury” that is rather apocalyptic no? I take his statement to mean his liquid assets would consist of at least 51% gold. Even Peter was saying the other day that gold has taken a hit with everything else historically so 25 year treasury bonds would be safest. Long, long-long, longest term, yes gold over any fiat would be the safest bet but at this very moment? Anyone else feel that way? Specifically I believe he is talking about USD which is what I’m talking about. IDK what our poor friends in the EU should do, last I heard some countries were giving out advice (and regulation) on gathering wood to heat themselves once energy runs out this winter… Ffs, why are so many leaders performative 🤡
Tavi is awesome, I pay attention to what he has to say about macro environment and commodities/PM outlook. Thanks for having him on RealVision and Ash!
He’s the first person I’ve heard mentioned what I’ve been saying why this environment is so unique. Most are trying to compare the environment to just the GFC, or just the dotcom, just the 70s, just the 40s, when in reality it is the culmination of ALL these time periods! Which makes this so difficult to pin down what’s going to happen. The one outlier on how all this ends from what I see is Great Depression 2.0…bc that’s the time period that isn’t being related to…yet