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Trump’s Tariffs Could Stall Growth Before 2026 Surge | Alfonso Peccatiello

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Manage episode 502719915 series 3300108
Content provided by Blockworks. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Blockworks or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, founder of The Macro Compass Alfonso Peccatiello breaks down the clash between Trump’s political influence on the Fed, the reality of U.S. fiscal policy, and how to think about global markets at this moment in time. We also dig into forward rate pricing, the TGA rebuild, and the role of commodities and crypto in a world of loose monetary and fiscal policy. Enjoy!

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Follow Alf: https://x.com/MacroAlf

Follow Felix: https://x.com/fejau_inc

Follow Forward Guidance: https://twitter.com/ForwardGuidance

Follow Blockworks: https://twitter.com/Blockworks_

Forward Guidance Telegram: https://t.me/+CAoZQpC-i6BjYTEx

Forward Guidance Newsletter: https://blockworks.co/newsletter/forwardguidance

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Join us at Digital Asset Summit in London October 13-15. Use code FORWARD100 for £100 OFF

https://blockworks.co/event/digital-asset-summit-2025-london

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This Forward Guidance episode is brought to you by VanEck.

Learn more about the VanEck Semiconductor ETF (SMH):

http://vaneck.com/SMHFelix

Learn more about the VanEck Fabless Semiconductor ETF (SMHX):

vaneck.com/SMHXFelix

Timestamps:

(00:00) Introduction

(02:42) What’s Happening with Monetary Policy?

(07:46) What Fed Risk is the Market Pricing?

(10:55) Bond Market & Fiscal Tightening

(13:54) Understanding Changing Fiscal Impulse

(14:51) VanEck Ad

(15:34) Understanding Changing Fiscal Impulse

(19:46) QE vs Fiscal Deficits

(24:41) Impact of TGA Rebuild

(29:27) Signal for Average Macro Traders

(30:04) VanEck Ad

(35:05) Investing in High Inflation & Growth

(36:59) European Markets

(40:31) US Dollar & Emerging Markets

(43:54) Commodities Outlook

(47:03) Final Thoughts

__

Disclaimer: Nothing said on Forward Guidance is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.

#Macro #Investing #Markets #ForwardGuidance

  continue reading

530 episodes

Artwork
iconShare
 
Manage episode 502719915 series 3300108
Content provided by Blockworks. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Blockworks or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, founder of The Macro Compass Alfonso Peccatiello breaks down the clash between Trump’s political influence on the Fed, the reality of U.S. fiscal policy, and how to think about global markets at this moment in time. We also dig into forward rate pricing, the TGA rebuild, and the role of commodities and crypto in a world of loose monetary and fiscal policy. Enjoy!

__

Follow Alf: https://x.com/MacroAlf

Follow Felix: https://x.com/fejau_inc

Follow Forward Guidance: https://twitter.com/ForwardGuidance

Follow Blockworks: https://twitter.com/Blockworks_

Forward Guidance Telegram: https://t.me/+CAoZQpC-i6BjYTEx

Forward Guidance Newsletter: https://blockworks.co/newsletter/forwardguidance

__

Join us at Digital Asset Summit in London October 13-15. Use code FORWARD100 for £100 OFF

https://blockworks.co/event/digital-asset-summit-2025-london

__

This Forward Guidance episode is brought to you by VanEck.

Learn more about the VanEck Semiconductor ETF (SMH):

http://vaneck.com/SMHFelix

Learn more about the VanEck Fabless Semiconductor ETF (SMHX):

vaneck.com/SMHXFelix

Timestamps:

(00:00) Introduction

(02:42) What’s Happening with Monetary Policy?

(07:46) What Fed Risk is the Market Pricing?

(10:55) Bond Market & Fiscal Tightening

(13:54) Understanding Changing Fiscal Impulse

(14:51) VanEck Ad

(15:34) Understanding Changing Fiscal Impulse

(19:46) QE vs Fiscal Deficits

(24:41) Impact of TGA Rebuild

(29:27) Signal for Average Macro Traders

(30:04) VanEck Ad

(35:05) Investing in High Inflation & Growth

(36:59) European Markets

(40:31) US Dollar & Emerging Markets

(43:54) Commodities Outlook

(47:03) Final Thoughts

__

Disclaimer: Nothing said on Forward Guidance is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.

#Macro #Investing #Markets #ForwardGuidance

  continue reading

530 episodes

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