logo
episode-header-image
Sep 2025
42m 7s

The Fed Is Cornered By Stagflation After...

Blockworks
About this episode
This week, we discuss all the growing list of weaker labor market data after August NFP showed just 22K jobs added. We also debate whether the Fed will have room to cut 50bps in September while stagflation rears its head, the potential implications if tariffs are overturned, and whether it’s time to be concerned about liquidity and Fed plumbing. Ultimately, ... Show More
Up next
Today
The Fed Is Irrelevant While CapEx Runs The Economy | Weekly Roundup
Markets feel stable on the surface, but conflicting forces are building around Fed uncertainty, AI-driven growth, and structural imbalances that may not coexist for long. This week, we break down break down the Warsh hearing and concerns over Fed credibility to a potential re-ind ... Show More
1h 3m
Apr 22
Markets Are Misreading A Late Cycle Liquidity Crunch | Michael Howell
Liquidity may be sending a very different signal than most investors think, challenging the dominant narrative around growth, rates, and risk. We sit down with Michael Howell of CrossBorder Capital, a leading voice on global liquidity, to unpack where we are in the cycle and why ... Show More
58m 49s
Apr 16
Market Structure is Fueling an Inflation Trap | Weekly Roundup
Markets are ripping higher, but something underneath feels increasingly disconnected from reality. This week, we break down the growing dominance of flows, derivatives, and policy over fundamentals, and what that means for how markets actually move. We explore extreme positioning ... Show More
37m 18s
Recommended Episodes
Apr 2024
Who will move first – the ECB or the Fed?
<p>The major US equity indices closed around flat yesterday while small caps outperformed, with the Russell 2000 index gaining 0.5%. The 10-year US Treasury yield climbed to 4.43%, prompting investors to raise their bets on the Fed cutting rates just twice this year following las ... Show More
13m 5s
Sep 2024
Growth concerns persist, ECB set to cut rates again this week
<p>The US employment report for August showed a slower than expected increase in jobs, but a fall in the unemployment rate to 4.2%. Markets reacted negatively, with the S&amp;P 500 having its worst week since March 2023, closing at 5408 points. Other asset classes such as Bitcoin ... Show More
12m 18s
Oct 2023
The night is darkest before the dawn - it's make-or-break week for markets
<p>The US yield curve appears stuck and the S&amp;P 500 index is down more than 10% from its highs earlier this year. This week's Federal Reserve decision on interest rates, news of the US Treasury’s borrowing plans, employment data and earnings are all likely to determine the ma ... Show More
15m 6s
Sep 2025
Markets rattle as data surprises and tariffs return
Markets hit some rough patches yesterday, with all major European indices closing lower, followed by similar losses across the three main US benchmarks. Revised US data revealed an upward adjustment to second-quarter GDP, while jobless claims came in below expectations. This prom ... Show More
13m 31s
Sep 2025
Rate decisions ahead – a make-or-break week for markets?
Markets are off to a strong start this week, which will be a critical one with a 'triple-header' of major central bank decisions. The US Federal Reserve, the Bank of England, and the Bank of Japan are all scheduled to announce their latest monetary policy moves. Recent economic d ... Show More
11m 5s
Sep 2025
It’s Fed day!
Yesterday brought a mixed set of signals across global markets. We saw unexpected optimism from Germany, developments on the US–China trade front, stronger-than-expected US retail sales figures, and mounting anticipation ahead of the Federal Reserve’s interest rate decision. Equi ... Show More
13m 39s
Sep 2025
Markets rally as ECB holds rates and US data fuels Fed rate cut bets
marked a second consecutive pause following eight hikes since last year. In the US, data was mixed: inflation remains sticky but isn’t accelerating, and jobless claims unexpectedly surged. These developments have reinforced expectations of a Federal Reserve rate cut next week. As ... Show More
14 m
Aug 2025
Jerome Powell opens the door to interest rate cuts
Global markets have rallied following Federal Reserve Chairman Jerome Powell's dovish speech on Friday that opened the door to interest rate cuts. In response, stocks, bonds, gold, and crypto assets surged, while the US dollar has fallen. Asian equity markets are following Wall S ... Show More
11m 5s
Mar 2025
US Stocks and Dollar Tank. What’s Next? - Ep 1015
Peter Schiff discusses market drops, tariff impacts, Trump's Bitcoin reserve, and advocates for foreign stocks and gold investments.Download the CFO’s Guide to AI and Machine Learning at https://netsuite.com/goldStart your free online visit today at https://hims.com/goldIn this e ... Show More
1h 1m
Feb 2025
Trump sparks tariff confusion, dollar gains; Nvidia underwhelms
Send us Fan MailTrump threatens EU tariffs, creates confusion about Mexico and Canada duties. Dollar rebounds but gold slides again. Nvidia falls in after-hours trading as earnings fail to set Wall Street alight.Risk Warning: Our services involve a significant risk and can result ... Show More
4m 26s