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Real Vision: Finance & Investing

Is There Deflationary Risk Ahead with Possible Fed Tapering?

Real Vision: Finance & Investing

Real Vision

Investing, Business News, Business, News

4.11.1K Ratings

🗓️ 30 August 2021

⏱️ 34 minutes

🧾️ Download transcript

Summary

DB-Aug30,2021: Darius Dale, founder and CEO of 42 Macro, updates his macro framework for markets after Jay Powell announced at Jackson Hole that the Fed may begin to reduce stimulus this year and before the August nonfarm payrolls report drops later in the week. With monetary stimulus expected to taper off, Dale also examines if the same should be expected for fiscal policy, and he provides his perspective on Bitcoin and Ethereum as billionaire John Paulson calls crypto a “worthless” bubble. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

This episode is brought to you by Kraken.

0:03.0

Crypto is like the financial system, but different.

0:07.0

It doesn't care where you come from, what you look like,

0:10.0

your credit score, or your outrageous food delivery habits.

0:13.0

Crypto is finance for everyone, everywhere, all the time.

0:18.0

Visit Kraken.com slash see what crypto can be to learn more.

0:22.0

Don't invest unless you're prepared to lose all the money you invest.

0:25.0

This is a high risk investment and you should not expect to be protected

0:28.0

if something goes wrong.

0:41.0

Hello, it's Monday, August 30th, 2021.

0:44.0

Welcome to the Real Vision Daily Briefing, a Maggie Lake.

0:47.0

And today, I'm joined by Darius Dale of 42 macro,

0:50.0

who, contrary to popular opinion, was not in Maine this weekend.

0:54.0

We'll get more on that in just a minute first.

0:56.0

Let's take a look at what we are tracking right now.

0:59.0

The S&P 500 notched up another record high,

1:02.0

the 12th this month led higher by technology shares.

1:06.0

S&P closing with gains of about half a percent.

1:08.0

The NAS deck up 1%.

1:10.0

Fed Chairman Jerome Powell's dovish tone at Jackson Hole opened the door

1:13.0

to this latest equity move higher.

1:15.0

Interestingly, the 10-year yield sticking right around 1.28%.

...

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