Cycles Against Trends (guest: Alfonso Peccatiello)
The Market Huddle
00:00
How to Model Macro Investing
Growth is the first thing you should look at, obviously. The second one is how tight is monetary policy or how loose is monetary policy? And there are a lot of things to discuss because even in this case, it's mostly about the rate of change than the absolute level. We have had some of the most aggressive animal spirits and bubbles when fed funds were at 5% or 6%.
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