logo
episode-header-image
May 2024
37m 24s

A New Fed Put?

Alfonso Peccatiello & Brent Donnelly
About this episode
Descrizione: Nominal growth is showing some early signs of fatigue, while economists' expectations remain elevated and market pricing still quite hawkish. Alf and Brent discuss potential opportunities arising from this setup, and spend time arguing whether Powell just announced a new Fed Put this week.  Link to Brent's favorite podcast this week: https://po ... Show More
Up next
Oct 2
Macro Blowups Everywhere - What Now?
Alf and Brent are back to discuss the various macro blowups we are witnessing simultaneously: French spreads, front-end of the bond market, mortgage-backed securities, EM carry and so on. What's the best framework to apply for each of these? 
38m 58s
Aug 28
On Bessent, Gold & Idiosyncratic Trades
Alf and Brent are back to discuss the Bessent buyback plan and its impact on markets. The duo focuses on gold, the long-end and the USD as potential release valves. The discussion then moves to two macro idiosyncratic ideas. 
35m 58s
Aug 9
On Sizing Options, The Fed and The JPY
In this episode, Alf and Brent talk about the Fed's likely reaction function to incoming data and the Bessent/Japan accord on the JPY. The duo then discusses one of the trickiest questions for macro PMs: when to use options, and how to size them? 
37m 18s
Recommended Episodes
Jul 2023
Will The Fed Get Their Soft Landing? | Weekly Round Up
Follow On The Margin On Spotify: https://spoti.fi/46mn1n3 Follow On The Margin On Apple Podcasts: https://apple.co/3UsnTiM Follow Blockworks Macro On YouTube: https://bit.ly/3NKpujX __ This episode is taken from the weekly roundup edition of the On The Margin podcast hosted by Mi ... Show More
58m 55s
Mar 2025
Fed deja vu: Powell calls tariff inflation transitory
The Fed chief <a href="https://seekingalpha.com/news/4422398-federal-reserve-seeks-to-discern-signal-from-the-noise-amid-policy-uncertainties-powell-press-conference?source=wsb_podcast:fed_deja_vu_powell_calls_tariff_inflation_transitory" target="_blank" rel="noreferrer noopener" ... Show More
8m 27s
Oct 2023
Treasuries; Too High, Too Many?
<p>Michael Normyle – Nasdaq’s US Economist joins IBKR’s Jeff Praissman to discuss the rise in bond yields and issuance.</p> <p>Contact Information:</p> <p>Email:  <a href='mailto:Michael.Normyle@nasdaq.com'>Michael.Normyle@nasdaq.com</a></p> <p>Web:   <a href='http://www.rareview ... Show More
11m 45s
Dec 2022
How to Position into the Fed Meeting
Stocks are relatively flat while treasury yields moved higher following an upside surprise in U.S. PPI this morning. Producer prices rose 0.3% month-over-month in November, above market forecasts of 0.2%. In today’s show, Maggie Lake is joined by Spectra Markets’ president Brent ... Show More
42m 20s
Listen to millions of songs and podcasts on Anghami