About this episode

The episode discusses the potential for a Federal Reserve interest rate hike and various economic factors influencing inflation and market dynamics.

RenMac breaks down the case for a Fed hike next week — Neil Dutta's "Why Not Now?" call, with September already priced at 100% — as AI capex, rising oil, and tariffs push inflation the wrong way and Warsh weighs moving in his honeymoon. The team also discusses the momentum crash and why the bounce is better sold than endorsed, real yields zapping gold and duration, $100 oil as the Iran conflict shuts the Red Sea, tariff maneuvering after Section 122's expiry, rotation into banks and healthcare, and the week ahead in the July 29 FOMC and core PCE.

People in this episode

Hosts: Jeff deGraaf, Stephen Pavlick

Topics covered

• Federal Reserve
• inflation
• AI capital expenditure
• oil prices
• tariffs
• market momentum
• banking sector

Keywords

• Fed hike
• inflation
• AI capex
• oil prices
• tariffs
• momentum crash
• gold
• healthcare
• banking

Mentioned in this episode

Organizations: FOMC, core PCE

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