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Top Traders Unplugged

AL09: FED Funds may hit 8% ft. Bilal Hafeez

Top Traders Unplugged

Niels Kaastrup-Larsen

Business, Business News, Investing, News

4.8670 Ratings

🗓️ 2 August 2022

⏱️ 69 minutes

🧾️ Download transcript

Summary

Bilal Hafeez, Founder, CEO and Head of Research at Macro Hive, joins us today to discuss the current state of the markets and how we are possibly heading into a new regime and why FED Funds may hit 8%. We address the economic outlook of the near future and how the FED will deal with the challenges of inflation and increasing interest rates, how technology has taken over parts of the labour force and how Covid-19 has changed the way people and companies work, how demographics impacts inflation and the growth problems that China currently experiences. We also discuss how the future for asset allocation looks and how the sanctions against Russia impacts the economy around the world. Lastly, Bilal explains his process and approach to making research and recommends books that have been influential to him.

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Episode TimeStamps:

00:00 - Intro

03:03 - Introduction to Bilal Hafeez

07:51 - How does the community respond to the current environment?

10:43 - FED Funds & the economic outlook of the next 6-12 months

23:17 - An inflation story

29:39 - Demographics - is it inflationary or dis-inflationary?

35:20 - What is next for asset allocation

44:03 - Should we worry about the sanctions against Russia?

51:58 - Lessons learned from previous

Transcript

Click on a timestamp to play from that location

0:00.0

There's so many moving parts right now. And what I do know is that the world's going to look

0:11.6

very different in the next 10 years than the last 20 or 30 years. It really feels to me like

0:16.3

we're going through some major regime change in the last two, three years. And, you know, when

0:22.2

you go through a major regime change, all you know is something big is going to happen, but it's

0:26.7

hard to specify exactly what that will be. Imagine spending an hour with the world's greatest

0:33.5

traders. Imagine learning from their experiences, their successes, and their failures.

0:39.0

Imagine no more. Welcome to Top Traders Unplugged, the place where you can learn from the best

0:45.3

hedge fund managers in the world so you can take your manager due diligence or investment career

0:50.2

to the next level. Before we begin today's conversation, remember to keep two things in

0:55.0

mind. All the discussion we'll have about investment performance is about the past, and past

0:59.9

performance does not guarantee or even infer anything about future performance. Also understand

1:05.2

that there's a significant risk of financial loss with all investment strategies, and you need

1:09.5

to request and understand the specific

1:11.7

risks from the investment manager about their product before you make investment decisions.

1:16.6

Here's your host, veteran hedge fund manager, Niels Kostrup Larson.

1:25.6

For me, the best part of my podcasting journey has been the opportunity to speak to a huge range of extraordinary investors from all around the world.

1:34.4

In this series, I have invited one of them, namely Alan Dunn, to host a series of in-depth conversations on the topic of what it takes to be a world-class allocator.

1:48.9

In today's world, portfolio construction is fast moving to the top of the agenda of many investors as they try to analyze and understand the riskiness of their portfolios.

1:54.4

And with ever increasing uncertainty around the globe, being well diversified across many

1:59.6

different strategies and themes in your portfolio

2:02.3

can mean the difference between ruin and survival when the next crisis emerge.

2:07.6

The aim of these conversations is to try and understand the experiences that have influenced

...

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