Laffey--Back From Europe--On Markets, The Fed etc...(Someone actually asks me about stuff I know!)- FIREBREATHINROB!

Explaining "Real" Interest rates and markets on Monday August 6th, 2024! Rob is a great interviewer!

Real Rates, inverted yield curves and other stuff.

The Fed is so Screwed up, always late always breaking things, so disconnected from reality.

If you only listen to one minute, listen here.

6:16 Rates are coming down because inflation is coming down…but wait..there’s going to be a moment in the next year or two, …where inflation is coming down, but interest rates on the 10-year, the 30-year start going up…but all in one fell swoop they will realize that on the 10 year, the 30 year, they won’t get paid back..”

Eat Marillenknödel with this guy at the next table, like we did if you get to Innsbruck, Austria! You must order it early as it takes a long time to make!!