The David Lin Report, Released on 7/31/24

Danielle DiMartino Booth, CEO of QI Research, analyzes the Fed’s decision to keep the Fed Funds Rate unchanged today, and what’s next for monetary policy.

0:00 – Intro
0:43 – ‘Material cooling’ of labor market
2:42 – September rate cut
4:58 – Hard landing?
8:00 – Why not cut rates now?
10:45 – Inflation outlook
12:52 – Bond yield outlook
14:44 – Politics and the Fed
16:05 – What would make Fed hold rates
17:25 – Asset allocation

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.

  economy, federal reserve, investing