In episode 78, Alex Proimos speaks with chief global macroeconomic research at PGIM Fixed Income.
In this episode, we discuss the state of the global macroeconomic recovery since the COVID-19 crisis hit early in 2020. We cover what should we take away from the recent moves in oil, gold and bitcoin and the early signs of inflation and the rise in the US 10-Year Treasury rate. We then delve into whether the US has reached the end of monetary policy and how likely will the fiscal policy be able to take the lead in the US with Democrats holding a small majority in the house and 50-50 split in the senate. Finally, we wrap up the conversation with a discussion on the concerns regarding the nominee for Secretary of the Treasury, Janet Yellen and whether we will see the convergence of the Federal Reserve and the US Treasury.
