#1124 Darius Dale | Should We Expect The Fed To Pivot?

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.8 • 1.9K Ratings

🗓️ 17 November 2022

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Darius Dale is the Founder & CEO of 42 Macro. In this conversation, we discuss the current state of inflation, the potential Fed Pivot, what to expect in the coming months, the liquidity washout from the past 2 years, and how Bitcoin has proven itself to be resilient amidst all the chaos in crypto.

=======================

Amberdata provides the critical data infrastructure enabling financial institutions to participate in the digital asset class. We deliver comprehensive data and insights into blockchain networks, crypto markets, and decentralized finance. Download our Digital Asset Data Guide at https://www.amberdata.io/pomp

=======================

The number one name in NFT domains and the world’s most powerful wallet are teaming up to bring something new to the crypto and Web3 world: <Your Name.Blockchain>

That’s right, Unstoppable Domains and Blockchain.com partnered to create NFT domain names ending in .Blockchain. It’s the perfect ending to show that you’re a believer in a decentralized future. The Blockchain.com community can get one, for free by signing up for the waitlist here. Free NFT domains provide all the benefits of premium Unstoppable Domains, including fee-free, lifelong ownership. Don’t have a Blockchain.com wallet? No worries, these new domains are available to everyone for as low as $5.

Either sign up for a free blockchain.wallet or visit Unstoppabledomains.com to buy your domain today.

==================

This episode is brought to you by Eight Sleep. The Eight Sleep Pod is a tech layer that fits onto your mattress like a fitted sheet. The Pod dynamically cools and heats each side of the bed, to maintain the optimal sleeping temperature for what your body needs. With the Pod, you can start sleeping as cool as 55°F or as hot as 110°F. The result: Clinical data shows that Eight Sleep users experience up to 34% more deep sleep.

Go to eightsleep.com/pomp for exclusive holiday savings and ring in the most wonderful time of night. Eight Sleep currently ships within the USA, Canada, the UK, select countries in the EU, and Australia.

=======================

Transcript

Click on a timestamp to play from that location

0:00.0	All right, guys, bang, bang, Darius Dale is back. Yes, he's not dead. He's right here.
0:06.2	Darius, super excited to talk to you. Let's first jump right into the Federal Reserve.
0:10.1	They say that they are committed to getting inflation down. The inflation number is coming down
0:14.5	on year over year. But is it base effect? Or is it simply that they have hiked interest
0:19.8	rates high enough and the rate is going to come
0:21.7	down and continue to fall?
0:23.8	Loaded question, man.
0:24.8	You are the best.
0:25.7	And thanks again for having me back.
0:27.1	It's always great to be here.
0:28.3	So I'll start with respect to inflation.
0:30.5	So yes, base effects are kicking in to the year of statistics.
0:33.4	That's been the case since July of this year.
0:36.7	What happened specifically with the October
0:39.3	CPI report was pretty wonky. We don't need to get to too many details, because I think I'm
0:43.7	going to put people to sleep at the outset of this discussion. But in terms of how the BLS, which
0:49.1	the agency that measures inflation, calculates medical care CPI, a portion of that, a very small portion of the
0:55.5	overall basket, resets every year based on the profits that insurance companies make from us
1:02.1	in terms of the spread that they pay doctors relative to our consumption of care, relative to what
1:06.9	we're paying them. So that spread is effectively what BLS measures, as the change in that spread is what they measure as inflation.
1:12.9	And so we had a big wholesale revision lower
1:16.0	in the month of October that will impact the data
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Anthony Pompliano, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Anthony Pompliano and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.