Player FM 앱으로 오프라인으로 전환하세요!
This is the Worst Nightmare Scenario for People Who Run Money Warns Danielle DiMartino Booth
Manage episode 380230988 series 3378373
“I think that the 60% probability of one rate hike between now and January will probably get revised away, but it doesn't matter,” says Danielle DiMartino Booth, CEO and chief strategist for research and analytics firm QI Research. She emphasizes that Fed Chair Jerome Powell is looking for a reason to maintain higher interest rates so that he can eventually break the Fed put. Danielle says, “I am on board with his mission of breaking the Fed put... [but] don’t actually think that that’s going to happen.”
She explains that even though JPMorgan Chase CEO Jamie Dimon warned investors against today's economic instability, she doesn’t believe it’s “hyperbolic” given his vantage point. “He's seeing from the front lines, and he's seeing in his credit card data that the consumer's finally slowing down…he's really got a good view on the confluence of events,” Danielle concludes.
➡️ Watch Here
174 에피소드
Manage episode 380230988 series 3378373
“I think that the 60% probability of one rate hike between now and January will probably get revised away, but it doesn't matter,” says Danielle DiMartino Booth, CEO and chief strategist for research and analytics firm QI Research. She emphasizes that Fed Chair Jerome Powell is looking for a reason to maintain higher interest rates so that he can eventually break the Fed put. Danielle says, “I am on board with his mission of breaking the Fed put... [but] don’t actually think that that’s going to happen.”
She explains that even though JPMorgan Chase CEO Jamie Dimon warned investors against today's economic instability, she doesn’t believe it’s “hyperbolic” given his vantage point. “He's seeing from the front lines, and he's seeing in his credit card data that the consumer's finally slowing down…he's really got a good view on the confluence of events,” Danielle concludes.
➡️ Watch Here
174 에피소드
Все серии
×플레이어 FM에 오신것을 환영합니다!
플레이어 FM은 웹에서 고품질 팟캐스트를 검색하여 지금 바로 즐길 수 있도록 합니다. 최고의 팟캐스트 앱이며 Android, iPhone 및 웹에서도 작동합니다. 장치 간 구독 동기화를 위해 가입하세요.