In this episode, recorded on Wednesday, May 3rd at 4:30pm, G3 talks with Lundy Wright, Weiss’s bond expert, on the back of Fed Day.
Topics covered include economic levels vs. the rate of change and the Fed’s decision to hike rates and tweak its official statement. They also discussed Chairman Powell’s subsequent press conference, how Powell handled questions about the fragility of America’s regional banks, and why the markets continue to price in rate cuts for the back half of this year.
Please check important disclosures at the end of the episode.
- What is the value of financial change analysis based on the state of economic levels? [2:22]
- Were there any surprises in the Fed’s latest rate hike or in Powell’s speech following the Fed’s decision? [7:56]
- Should the market expect rate cuts based on Powell’s comments? [15:47]
- What does Lundy believe would be worse than a recession? [17:16]
About: Consistent with its mission to invest in people, partnerships, and a purposeful future, Weiss Multi-Strategy Advisers launched a weekly podcast, In Search of Green Marbles, in November 2021. In each episode, Weiss leaders provide differentiated insights (i.e., green marbles) that aim to help institutional investors, financial advisors, and individuals identify actionable investment themes amidst the noise in today’s market environment. Primary topics of discussion include exponential innovation, the US-China relationship, longevity’s impact on financial markets, and the latest economic themes. Hosted by G3, featured guests include Weiss President and CIO Jordi Visser, Deputy CIO Mike Edwards, and Senior Vice President and Portfolio Manager Lundy Wright.
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