BREAKDOWN: Let Them Eat Equities! The Economic Chickens Come Home to Roost, Feat. Luke Gromen

One of the best-known macro analysts breaks down last week’s Jerome Powell speech and whether it truly represents a new policy era for the Federal Reserve.

This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.

Today on the Brief:

• Debt will exceed U.S. GDP for the first time since 1946
• SPACs in action!
• Decentralized exchange volume flippens centralized exchanges

Our main conversation is with Luke Gromen, founder of the Forest for the Trees consulting firm.

In this conversation, we discuss:

• Chairman Powell’s speech and whether this is a true policy departure
• The evolving relationship between the Federal Reserve and Treasury Department
• What it would mean to get China to start “footing the bill”
• The gold narrative
• Why stock price gains are unlikely to keep U.S. citizens satisfied with the economy for long

Find our guest online:

Website: fftt-llc.com

Twitter: @LukeGromen