Finance Worries: The Fed's Rapid Tightening Policies

Ed Hyman, the number one ranked economist on Wall Street for 42 years, has warned of the unintended consequences of the Federal Reserve's rapid tightening policies. Hyman, who is Vice Chairman of Evercore and leads the economic research team at its Evercore ISI division, has been monitoring the factors behind the recent nominal GDP growth, including record low-interest rates and a surge in the money supply. However, inflation has been surging, and the Fed is raising rates at a faster clip, leading to weakness in the economy. Hyman's recent reports highlight the impact of the Fed's tightening measures.
00:00 Hello
00:36 Introduction
02:03 Interview with Ed Hyman
22:47 One Investment
24:09 Action Point
#inflation2022 #thefed #stockmarket #investingstrategy #investingtips
WEALTHTRACK Episode #1924 broadcast on December 09, 2022
More info: wealthtrack.com/legendary-eco...
Bookshelf:
Reminiscences of a Stock Operator: amzn.to/3FhYoex
One Up On Wall Street: How To Use What You Already Know To Make Money In The Market
amzn.to/3uBS2BM

[@ronsmith5601]

Consuela, I don’t know how you do it. Each interview is a knockout. Need to watch multiple times. You are a professor I wish I had 20 years ago. Would have retired by now.

[@smart-trader]

Valuable insight about FED not raising interest rates after yield curve inverts. I did not know that. Based on my analysis the Average Monthly Yield Curve for the US Treasury fully inverted for the first time in Dec 2022. Will be interesting to validate this claim on Feb 1st. Thank you! Love the content of your channel :)

[@Bullseye120]

Love your channel. Ed Hyman's interview was especially valuable, and I enjoy his insight and his down to earth style of communication.

[@MrBlueOkie]

Agree, this is a must watch weekly.

[@gregoryjames7976]

Would like to echo the other comments here and say thank you to Ed Hyman for his excellent commentary.

[@investidorint]

Even though I have half your age, I really love watching you guys, such valuable content. You have my like!

[@awalton9024]

Ed Hyman is always thought provoking and makes me consider my own opinions. The true contrarian call would be to invest for recovery. It's probably early though.

[@TheGrasspond]

She is the best. Period.

[@joannemeeks745]

Great topic. Looking forward to Wealth Track in 2023!

[@mikkimikki5376]

Did he say, "... labor market is strong?" 🤔🤔🤔🤔🤔🤔🤔🤔🤔

[@livondiramerian6999]

Greed, ignorance, & incompetence have destroyed the economy. Greed is an illness that destroys the greedy eventually.

[@taitsang6150]

great job keep doing best finacial tv program

[@TomMe-nx8dk]

Love Ed’s background.

[@eatmorecoleslaw]

Are the porcelain vases and wood tables in the house or on the porch? Trying to tell what’s going on there

[@chessdad182]

Enjoyed the show.

[@ThePshull]

This was a fantastic piece. Well done.

[@martinithechobit]

YES!.

[@richardswatman4011]

Wow... does he have a beautiful home or what! So damn tasteful! Ed sitting on the the fence here pretty hard if you ask me... but I suppose that is useful knowledge in and of itself....

[@kevinobrien9271]

What a beautiful house and great looking setting. I wonder where that is.

[@oceanbearing]

Hoping you have Nancy Lazar on too in the coming months

[@apothe6]

This year has been a doozy, so many mixed signals

[@MPK1881]

Leaving the stock markets. If people can get relief in the housing rents and grocery bills, that will be huge relief. Hope to see inflation coming down but that will be a very difficult task, especially with the nonsense that everyone saw in the housing market for straight 2 years 2021-2022.

[@atanaskatsarov6941]

Wasn't he saying the ''inflation is transitory'' last interview, rofl

[@deesus1085]

Oh no, house prices are going to fall to the still bubble price in 2020. 😂

[@tastypymp1287]

What the Investment Industrial Complex won't talk about is basic economics 101. Inflation is kryptonite to debt, or more importantly, creditors. Debt is one persons liability but another persons asset. High inflation erodes the real term value of the debt. Upon maturity, it essentially has less value than when it was issued, where the yield rate is lower than the rate of inflation. Creditors want compensation. That results in higher rates for future debt to cover the previous losses. Now, factor in that we've seen a huge issuance of debt at rock bottom rates and you can see the scale of the losses creditors are facing due to high inflation (e.g yield rates of 0.25% v circa 9% inflation....). Thus, the scale of the compensation required, demanded even. The Fed CAN'T pivot.

[@user-dc9bq1nn9n]

why is Mr Hyman always looking like he's on vacation? Can an indivual investor buy his research or only institutions?

[@awalton9024]

You said it. Wherever that is, I want to be there.

[@nevillokapi3617]

GOLD PRICES HUGELY UNDERPRICED UNDERVALUED COMPARED TO THE DOLLAR'S AND STOCK MARKET GAINS...GOLDS FORGOTTEN

[@thomaskauser8978]

Bankman - POWELL needs a hockey stick to the backside!

[@alostpilgrimsjourney5953]

Push the Fed funds prime rate to 6% and let things settle out. Most people need a 'brake check' of their expectations. Doing nothing and sucking up scarce resources is not a wise use of what God has blessed us with.