The Economy Is Slowing Much Faster Than The Fed Thinks | Peter Tchir
In the November FOMC meeting, Fed Chair Jay Powell stated that while the pace of economic growth is slowing, indicators point to modest growth in spending and production this quarter.\n\nPeter Tchir, head of macro strategy at Academy Securities, joins Forward Guidance to argue that the economy is slowing much, much faster than the Federal Reserve\u2019s models indicate.\xa0\n\nTchir tells Jack Farley how brewing geopolitical tension between China and the U.S. will likely continue to weigh upon financial markets, and he shares his insights on energy markets in the U.S. and Europe.\xa0\n--\nFollow Peter Tchir on Twitter https://twitter.com/TFMkts\nFollow Jack Farley on Twitter https://rb.gy/uesguv\nFollow Forward Guidance on Twitter https://rb.gy/cy0dki\nFollow Blockworks on Twitter https://rb.gy/igyzsj\n--\nFounded in 2014 by three cybersecurity engineers, Bittrex is a world-class cryptocurrency exchange with a focus on security and trust. Trade over 150 cryptocurrencies in the United States along with lightning-fast trade execution and dependable digital wallets, all protected by industry-leading security practices. Discover why Bittrex is the best kept secret in crypto trading. Open your account today at: http://fgpodcast.link/bittrex\n--\nGet top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter:\nhttps://rb.gy/5weeyw\n\nMarket commentary, charts, degen trade ideas, governance updates, token performance, can\u2019t-miss-tweets and more. Subscribe to the Blockworks Research \u201cDaily Debrief\u201d Newsletter: https://rb.gy/feusos\n\nFind out more about the Blockworks video editor role here: https://blockworks.co/careers/\n--\nTimestamps:\n(00:00) Introduction\n(00:27) "I Would Disagree With Powell" On The U.S. Economy\n(06:03) "Credit Bubbles Only Happen With Safe Assets"\n(08:17) Layoffs In Big Tech\n(12:17) This Will Be A Deep And Lasting Recession\n(14:31) The Semiconductor Industry\n(20:34) China\n(33:52) Energy\n(36:56)) Regulation of Fossil Fuels\n(40:41) When Will The Drawdown of The Strategic Petroleum Reserve (SPR) Stop?\n(44:27) Will Europe's Energy Problems Cause A Recession?\n(48:26) The Strong Dollar Is Destabalizing The Global Financial System\n(59:30) The Increasing Political Pressure On The Federal Reserve\n--\nDisclaimer: 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.