The Soft Landing Will Be Transitory | Bob Elliott & Andy Constan
b'The Federal Reserve and the bulls have been hoping for a \\u201csoft landing\\u201d scenario in which inflation falls but the economy doesn\\u2019t enter a recession. The odds of a \\u201csoft landing\\u201d appear to have increased over the past few months - but what are the odds that, should it come to pass, a soft landing will actually last?\\xa0\\n\\nBob Elliott, CIO of Unlimited Funds, and and Andy Constan, founder of Damped Macro Research and 2 Gray Beards, join Forward Guidance to debate the odds. Constan and Elliott, former colleagues at asset management behemoth Bridgewater Associates, also share their views on liquidity, asset valuations, and interest rates.\\n\\nTwitter exchange between Bob Elliott & Andy Constan that sparked this conversation: https://twitter.com/dampedspring/status/1621896223996125192\\n--\\nFollow Andy Constan on Twitter https://twitter.com/dampedspring\\nFollow Bob Elliott on Twitter https://twitter.com/BobEUnlimited\\nFollow 2 Gray Beards on Twitter https://twitter.com/2GrayBeards\\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--\\nUse code GUIDANCE10 to get 10% off Permissionless 2023 in Austin:\\nhttps://blockworks.co/event/permissionless-2023\\n\\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\\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--\\nTimestamps:\\n\\n(00:00) Introduction\\n(00:39) What Is The Soft Landing?\\n(04:01) "The Odds Of A Soft Landing Are Very Low\\u201d\\n(12:45) January Inflation Data\\n(19:04) How High Can The Fed Hike Rates?\\n(24:50) Outlook for Stocks\\n(29:02) Permissionless Plug\\n(30:10) The Recession Bets Are Being Unwound\\n(36:05) Andy\'s Short Asset Trade\\n(41:37) Why Are Financial Conditions Loosening?\\n(45:47) Offshore Demand For Treasurys\\n(51:40) Real (Inflation-Adjusted) Interest Rates\\n(01:01:52) Is Inverted Yield Curve A Systemic Drag On Liquidity That May Outlast Temporary Influxes of Liquidity?\\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.'