Let Them Eat Equities! The Economic Chickens Come Home to Roost, Feat. Luke Gromen

One of the best-known macro analysts breaks down last week’s Jerome Powell speech and whether it truly represents a new policy era for the Federal Reserve.

AccessTimeIconSep 2, 2020 at 7:00 p.m. UTC
Updated Aug 19, 2021 at 4:07 a.m. UTC

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One of the best-known macro analysts breaks down last week’s Jerome Powell speech and whether it truly represents a new policy era for the Federal Reserve.

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    Today on the Brief:

    • Debt will exceed U.S. GDP for the first time since 1946
    • SPACs in action!
    • Decentralized exchange volume flippens centralized exchanges 

    Our main conversation is with Luke Gromen, founder of the Forest for the Trees consulting firm.

    In this conversation, we discuss: 

    • Chairman Powell’s speech and whether this is a true policy departure
    • The evolving relationship between the Federal Reserve and Treasury Department
    • What it would mean to get China to start “footing the bill” 
    • The gold narrative
    • Why stock price gains are unlikely to keep U.S. citizens satisfied with the economy for long

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