E92 - A Nothingburger or a Disappointment Burger? Lundy Wright Discusses His Beef with the Fed

In Search of Green Marbles is back with a fresh new episode recorded on Wednesday, July 26th, which was Fed Day. And while the Fed's actions were very well telegraphed, Weiss's own Lundy Wright had plenty to say about both the Fed's statement and the subsequent press conference. Please check important disclosures at the end of the episode and enjoy this conversation with Weiss's Bond guru, Lundy Wright. Time Stamps:What are Lundy's general thoughts on the latest FOMC statement and the subsequent press conference? [2:32]Is Lundy of the opinion that this will be the final interest rate increase of this hiking cycle? [8:43]Why is Lundy disappointed in Powell’s tone during the press conference? [15:00]As the Basel III endgame plays out and the resumption of student loan payments hit this Fall, are the markets expecting a deceleration in the economy? [20:05]Given where the yield curve is, does Lundy believe that bond market participants are anticipating Fed interest rate cuts? [22:28]<br/>Resources:What is the Citi Surprise Index (video)?What are Reverse Repurchase Agreement Operations (RRPs)?The Fed Has Paused Before<br/>Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.