what if your real edge is disobedience.

About this episode

The episode explores the unpredictability of interest rates and challenges the conventional wisdom of macroeconomic commentary.

Send us Fan Mail a senior rates trader with the closest seat to the federal reserve looks you in the eye and says the quiet part out loud: rates are impossible to predict. that single line detonates the whole religion of macro commentary, expert priesthood, and the endless chase for “signal” in GDP tweaks, inflation prints, and breathless basis point narratives. we follow that thread to a blunt standard for intellectual hygiene: if price did not move materially, the story is mostly theatre.&n...

People in this episode

Host: Hugh Hendry

Topics covered

• disobedience
• macro commentary
• rates prediction
• intellectual hygiene
• financial markets

Keywords

• disobedience
• rates
• Federal Reserve
• macro commentary
• intellectual hygiene
• GDP
• inflation

Mentioned in this episode

Organizations: Federal Reserve

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