Powell’s Last Stand | Danielle DiMartino Booth on May Fed Meeting 2024
For access to 20% discount to annual subscription of Danielle DiMartino Booth’s “Daily Feather”: https://dimartinobooth.substack.com/forward Or use code “FORWARD” at checkout. Deal expires on May 23, 2024. 20% discount applies to first year subscription. __ Follow Danielle DiMartino Booth on Twitter https://twitter.com/DiMartinoBooth Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ __ Timestamps: (00:00) Introduction (01:46) The QT Taper (05:25) Was The May FOMC Meeting A Dovish or a Hawkish Meeting? (09:01) The Fed Is Now Focusing On The Softening Labor Market, Argues Danielle DiMartino Booth (22:53) U.S. Economy Entered Recession In October, Argues Danielle DiMartino Booth (29:53) Consumer Spending (33:11) Layoffs in 2024 (36:22) New Neutral Rate Of Interest (38:32) Private Equity & Private Credit (47:07) The Bernanke Doctrine (51:24) Basel III Endgame (56:33) Dissents __ Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.