On todays episode of On The Margin George Goncalves MUFG’s Head Of Macro Strategy joins the show for a discussion on the outlook for H2 2023.
Reflecting on the Fed’s quest to fight inflation amidst their fastest hiking cycle in recent history, George outlines why the economy has remained resilient thus far, and how leading indicators are pointing to a further deceleration in the second half of 2023. To hear all this & more, you’ll have to tune in!
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Disclaimer: Nothing discussed on On The Margin 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.
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what kind of big shot would have a fake home backdrop? worse than wearing a fake rolex.
Does this turkey wear his underwear on the outside to match the salmon blouse?
When someone that was making 150k gets fired and gets 2 jobs paying 40k then the stats will be skewed. That, PLUS, the plain old lying that the FED/Gov does to us with "data".
This man makes so much sense. Housing is big and not that big, in terms of gdp impact. Finally, when the fit hits the shan it will splatter big bc the globe is deeply contracting.
lol the fed wont come to the rescue??? they already have
So excited $74,000 biweekly profit I'm Happy for God's grace have found me!!!
Very level headed I enjoyed listening to his take. Thanks
I find it hard to believe in this governmental environment and all the crooked stuff that goes on that Fed won’t print $s to pump market to “paper” over the horrible policies look like for RE election try
Why everyone is so upset over data on inflation and a recession baffles me. People have always used investments to combat inflation, which has always existed. For instance, the stock market return consistently outperforms inflation. I heard of a person who put $121k into their portfolio in October and has since seen a $400k increase. I require suggestions that will produce results that are comparable.
I think financial assets deflate whilst everyday items keep rising in price
Great interview, very pertinent data, great job, thanks & keep up the good work.
Core inflation is already sticky at 5.3 for last few quarters
Fed watches core inflation not cpi.
All the money managers are crying for FED pivot.😅
Sir. Jerome already said "Higher for longer" meaning he intends to Bust this thing open. When he does cut it will be violent to the Downside !
This dude along with gundlach are getting squeezed. These guys want to convince the world that the fed should pivot
Inflations devalues your savings, it compels everyone to be an investor. That means you need to preoccupy yourself or offload your time/energy to the study of investment opportunities both of which are very costly. Thanks to Paige Hermosa for showing me the appropriate way to get into bitcoin investing and trading with her trade signal and investing guidelines. Investing and trading are more than just having TA skills. There is a big component of discipline and emotional maturity, that one has to work on! Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some months I was making a lot more money and have continued on that same path with Paige hermosa
Hilarious cause I distinctly remember everyone saying the USA will get a recession so “invest in global markets, especially EMs”.
😂
Don’t flip now.
Seems like a solid market pump before a recession is the only way Feds can ensure enough liquidity is in domestic markets to buy their bonds when they need a purchaser.
Liquidity matters your guest do not the macro is dead
I guess the government will reign in spending, live within their means and apologize while the fed shrinks their balance sheet and life goes back to normal.
Thanks Mike and George.
timestamps?
the yield curve always signals recession, every time people say 'this time it's different' and it never has been. I'm 42 and I know this.
Fantastic interview guys!!
Thank you !
most guys who call themselves as "macro…" some some, they say many words, and their recs are money losing
and they all kinda say the same thing. what's the point
The saving grace for corporate profits was combination of inflation and Covid killing small business. A business can’t raise prices in a competitive market.