SOUND Problem!!‼‼

some sort of echo effect on this one. like the content.

this video has audio issue, need to re upload. thanks for your sharing.

Brilliant piece of analysis, always look forward to this being released every month

Keep up the crusade!

Hey Bob you answered a question about inflation and interest payments. Would be great if you post the clip

It's going to be perfect! Thanks

The most interesting aspect of the recent inflation episode in the USA and the Federal Reserves reaction to it is that they allowed short term real interest rates on treasury bills to get VERY negative - almost unprecedently so. The only inflation hedge availabe was to buy TIPs with very short maturities (eg 1Yr) and roll them over because oddly enough the TIPs market did not discount the possibility of such negative short term real interest rates on bills. A cynic might wonder if the Fed was happy to reduce the governments debt burden relative to GDP by tolarating a large burst of unexpected inflation while delaying raising Tbill rates.

Excellent - thank you!

Lights out Bob! As usual.

Thanks so much for the effort of putting so much valuable analysis out here for free. You're the man!

Pay No mind behind the curtain as the speculators switch which side of the boat they are on.

Thank you Bob! Your observations are invaluable.

the goat!!

This is monthly must-listen for me. Thank you for posting!

Thanks Bob! Very much appreciate your clear eyed and data-supported views.

Thank you for the videos

bob thanks for your thoughts. Are you expecting inflation to creep back up into the 3s or 4s in 2025 followed by a pause or even a central bank rate hike this year? Keep up the amazing work. Looking forward to your webinar!

Hey Bob great video! Is there any possible way that I can learn from you directly?

What is gfc period

Thanks for the insights.

"F" valuations is the same thing as saying "this time it's different". Is that what you're saying?

Im big fan and follower, thanks or being honest and sharing these insights. if someone would like to learn about economy what do you suggest for them like which books to read or something to build a knowledge to understand markets if you don't mind guiding me, thanks.

Interesting perspective, keep it up

Doesn't fed funds being higher than core cpi mean policy is restrictive?

great webinar, thank you :)

DXY index to 120+ in 2025. Great webinar, Bob. Many thanks.

Very useful information Thanks for the detailed analysis

The Bond market is going to wake up soon and spike rates on all this easy money! This will crush risk assets!

Great stuff as always!

Really appreciate continuous insights from you and Darius!

Really appreciate continuous insights from you and Darius!

Bob, whose cost of capital is it on the reserves that accrue interest and are exchangeable for currency? When I learned monetary theory the monetary base was the currency plus reserves and those reserves didn’t bear interest. The concern I have is that I’m defaulting to the evolution of the post 2008 legislative and reform process having an inflationary impact. As I’m writing this, I am recalling 13 & 1/2 days ago Sunday you posing on X “…bonds find no love (bid or help)…” and I would say that the Bessent nomination had nearly an equal and opposite reaction to the longer end of the curve and dollar than did the result of the election. I add that last observation merely to segue to a hypothesis I have that, while only partially formed, assigns an inflationary effect to some of the policies of the Fed and the inescapable but seemingly less cited mandatory and unintended consequences of the GFC. I default to the cost of capital on the reserves that bear interest being the cost of capital of every non asset gatherer that participates in the US Economy. I’d really appreciate your thoughts on this, specifically how you think about Monetary Theory now, and please at least humor me that the Monetary Base was, for the first 30 years of my life, currency + reserves, but the Monetary Base has lost that simplistic idea in a scenario where the reserves bear interest and exchangeable for currency.

I have been saying this for years: exacerbated policy (both monetary and fiscal) has killed organic price discovery off fundamentals :(

Thanks bob for sharing with us, much appreciated and ofc i love your work 👌👌

This is really excellent Bob

Prospective not perspective

Thanks Bob. Love your material!

thanks for your insights Bob

Hi Bob, love your content. Any plans to do a macroeconomic webinar soon? Thanks a lot!

So stpd. Trump will destroy everything.

The tarrifs arguement is so very narrow sighted , nobody took a business class says that

You assume the government won't reduce spending to make up for the loss in tax revenue. Tarrifs will force companies to manufacture in America bringing back good paying jobs. Just by cutting funding for DEI, woke crap and NATO, the US will save TRILLIONS of dollars.

Yes fixing a crumbling country is expensive.

Anti ILLEGAL immigration. Regular immigration through the port of entry will still be going on and can be raised if need be. Ask New York if there econmy needs illegal migrants.

Thank you for sharing

Basically a downward spiral with regard to building upon generational wealth.

Good stuff Bob.

Would it be too much trouble to post a link to the original video so I don't have to search KZbin for it?

I’m so tired of this nonsense! Bond market is losing because the big guns want investors money going into the stock market! Then there going to pull out the rug! Every one needs to take there money out of the market and give them a dose of there own salt!