Monday , October 26 2020
Home / Economonitor / Real Vision’s Daily Briefing:Oct7,2020 – The Fiscal Stimulus Vanishing Before Our Very Eyes

Real Vision’s Daily Briefing:Oct7,2020 – The Fiscal Stimulus Vanishing Before Our Very Eyes

Summary:
Is inflation on the horizon? Should bank reserves balances stored with the Federal Reserve count as “money”? According to Jeffrey Snider, head of global research at Alhambra Investment Partners, and Steven Van Metre, macro fund manager and founder of Portfolio Shield, the answer to these questions is a resounding "no." Drawing upon a data ranging from Treasury auction sales to Eurodollar futures curves, van Metre and Snider explain why low yields are, in fact, deflationary -- contrary to conventional wisdom. They pull no punches as they describe the “zero lower bound trap” that the Federal Reserve now faces, drawing upon their research into Japan. Lastly, Snider and van Metre analyze the March spike in Treasury prices and explore whether the funding pressures are over or if March was just

Topics:
Real Vision considers the following as important:

This could be interesting, too:

Real Vision writes Raoul Pal: The Biggest Trade in the World

Real Vision writes The Latest Macro Data and What It Means for the Economy’s Recovery – Real Vision’s Daily Briefing – Oct 22, 2020

Real Vision writes Jared Dillian’s Macro Outlook for Markets & Best Practices for Investors – Real Vision’s Daily Briefing – Oct 21, 2020

Real Vision writes Real Vision Daily Briefing – Oct 20, 2020 – Last Leg of the Ride: What 2020 Has Left in Store for Markets

Is inflation on the horizon? Should bank reserves balances stored with the Federal Reserve count as “money”? According to Jeffrey Snider, head of global research at Alhambra Investment Partners, and Steven Van Metre, macro fund manager and founder of Portfolio Shield, the answer to these questions is a resounding "no." Drawing upon a data ranging from Treasury auction sales to Eurodollar futures curves, van Metre and Snider explain why low yields are, in fact, deflationary -- contrary to conventional wisdom. They pull no punches as they describe the “zero lower bound trap” that the Federal Reserve now faces, drawing upon their research into Japan. Lastly, Snider and van Metre analyze the March spike in Treasury prices and explore whether the funding pressures are over or if March was just a preview of what is to come. Filmed on October 5, 2020.

Leave a Reply

Your email address will not be published. Required fields are marked *