EP 78: Exploring the Dynamics of the US Economy with Don Rissmiller and Jason Trennert | 7th August 2023

Beyond the Benchmark by EFG

On this episode of Beyond the Benchmark, we welcomed Don Rissmiller and Jason Trennert from Strategas to dissect the complexities of the US economy and interest rates. They offer their insights into the current inflation problem, the challenges faced by central banks, and the balancing act between supply and demand. Listen in as we discuss the risks in the labor market, the effects of bank failures, and the need to avoid a stop-and-go policy.

As the conversation progresses, we also examine the influence of AI on investing, the potential disruptions it could cause to stock-picking and GDP, and how large-cap companies stand to benefit.

In the final part of our discussion, we ponder the future of hedge funds and globalization, exploring the potential implications of a soft landing in the US economy. We discuss the possibility of inflation decreasing without causing pain in the labor market, and the prospect of a new breed of hedge fund investors emerging in the coming years.

(0:00:05) - US Economy and Interest Rates Outlook
(0:10:45) - Interest Rate Changes & Market Analysis
(0:16:33) - Market Gains Driven by Multiple Expansion
(0:23:12) - AI and Market Pullbacks in Investing
(0:39:14) - Future of Hedge Funds and Globalization

Our host, Moz Afzal:

https://bit.ly/31XbkTR

Our guests:

Don Rissmiller, Founding Partner of Strategas:

https://bit.ly/3DUqMDn

Jason Trennert, CEO and Cheif Investment Strategist of Strategas:

https://bit.ly/3YFjWeE

EFGAM:

https://www.newcapital.com/

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