Danielle DiMartino Booth, CEO and chief strategist at QI Research, returns to Forward Guidance to share her thoughts on May 3rd\u2019s Federal Reserve\u2019s meeting of the Federal Open Market Committee (FOMC) as well as the ongoing issues at several regional U.S. banks.\xa0\nFollow Danielle DiMartino Booth https://twitter.com/DiMartinoBooth\nFollow Jack Farley on Twitter https://twitter.com/JackFarley96\nFollow Forward Guidance on Twitter https://twitter.com/ForwardGuidance\nFollow Blockworks on Twitter https://twitter.com/Blockworks_\n____\nApply to host the \u201cLightspeed\u201d podcast on Blockworks at https://blockworks.co/careers\nUse code GUIDANCE10 to get 10% off Permissionless 2023 in Austin:\nhttps://blockworks.co/event/permissionless-2023\nResearch, news, data, governance and models \u2013 now, all in one place. As a listener of Forward Guidance, you can use code GUIDANCE10 for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/\n____\nGet top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter:\nhttps://rb.gy/5weeyw\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____\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.\n(00:00) Intro\n(11:02) When Will The Fed Pivot (Cut Rates)?\n(15:40) Powell Wants To Get Rid Of The Fed Put\n(25:20) Calling Inflation "Transitory" Was "A Path To Hell"\n(29:11) "Powell Will Stand His Ground"\n(34:30) Permissionless\n(35:34) The Balance Sheet\n(40:17) Powell Won't Save The Banks\n(47:41) Blockworks Research\n(48:41) The Debt Ceiling\n(54:08) "This Is Going To Be A Really Ugly Recession"\n(58:03) Door To A June Hike Is Ajar\n(59:11) The Bernanke Doctrine\n(01:01:26) Danielle's Views On Private Credit Are Evolving