The Julia La Roche Show, Released on 10/10/23

00:00 – Welcome Danielle DiMartino Booth to the show
1:06 – Macro outlook on the economy, discussion on job market and revisions
3:56 U.S. economy is clearly in a recession if it weren’t for government spending
6:30 – Discussion on the Federal Reserve and the higher for longer regime
9:20 An about-face for equity investors
11:46 – Conundrum for RIAs
15:22 – Biggest risk is in middle portion of commercial real estate and corporate debt
17:30 – Exchange Traded Funds (ETFs) and a passive investing bubble?
18:27 – Discussion on Federal Reserve’s zero bound interest rate policy
22:30 – Geopolitical risks following an attack in Israel
24:30 – US deficit at wartime levels, fiscal responsibility and potential long-term consequences
26:30 – Conclusion

Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, 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.

  federal reserve, job market, recession, us economy