The Monetary Matters Network, Released on 12/19/24

Danielle DiMartino Booth, CEO & Chief Strategist of QI Research, joins Monetary Matters to share her views on the December Federal Reserve FOMC meeting and her outlook on markets and the U.S. economy in 2025. DiMartino doubles down on her call that the U.S. economy is already in a recession, and explains why she thinks on January 29 2025 will be the day that the true weakness of the job market will be revealed.

00:00 Intro
1:52 The Labor Market
14:36 Economy Already In Recession, Argues DiMartino Booth
21:12 January 29 2024 Is When Recession Will Be Revealed, Argues Danielle
33:32 How Many Times Will The Fed Cut In 2025?
40:42 The Stock Market Is On Shaky Legs
45:21 Wealth Effect Impact of High Interest Rates
57:52 Summary of Danielle DiMartino Booth’s Macro Outlook

Danielle DiMartino Booth is Founder & CEO of QI Research, a research and analytics firm. She spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider’s Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Lufkin & Jenrette and Credit Suisse, where she worked fixed income and the public and private equity markets. Danielle earned her BBA as a College of Business Scholar at the University of Texas at San Antonio. She holds an MBA in Finance and International Business from the University of Texas at Austin and an MS in Journalism from Columbia University.

  economic crisis, economy, Fed, inflation, investing, market crash, recession, stocks