The FOMC's Developing Thoughts on the Taper Timeline

Real Vision: Finance & Investing

Real Vision

News, Business News, Investing, Business

4.1 • 1.1K Ratings

🗓️ 19 August 2021

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

DB-Aug18,2021:Real Vision senior editor Ash Bennington welcomes back Darius Dale, founder and CEO of 42 Macro, to dig deep into the Fed minutes released today and discuss whether there’s signs of tapering on the horizon and what that means for the economy. Dale shares his perspective on the ways in which the Fed’s decision to taper, and when, will shape his outlook for future inflation and growth as well as his thoughts on how it will impact various asset classes such as bonds, equities, and commodities. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Are you ready for a Monzo Business Bank account?
0:03.3	Heather from the Accountors' Growth Club was.
0:05.3	Knowing what cash I have is really important.
0:08.0	And Monzo Business makes it easy.
0:09.8	It automatically puts 20% of my income into a tax pot.
0:14.0	When it's time to pay your VAT, I always know the money's there.
0:16.8	If you're ready for a Monzo Business account, apply today.
0:19.9	Just search Monzo Business.
0:21.5	Only sole traders or limited company directors in the UK can apply.
0:25.0	Get tax pots with Monzo Business Pro for £5 a month.
0:28.1	T's and C's apply.
0:59.1	But first, here's the closing numbers.
1:01.4	It looks like markets sold off rather broadly today.
1:04.7	S&P 500 off 1.07% closing the day at 4,400 spot 33.
1:12.2	Looks like some stops there.
1:14.3	Dow Jones industrial average off over 1% on the day 1.08%
1:19.6	closing out the day at 34,961.
1:24.7	Finally, the VIX up almost three points.
1:27.8	Actually now up three points, as it settles here,
1:30.3	up over 20, almost 21, 20 spot 91 on the VIX.
1:36.8	The big story of the day today, obviously the Fed.
1:40.8	The Fed appears to be signaling a taper to begin later in this year
	...

Please login to see the full transcript.

Previous episode | Next episode

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

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