Blockworks Macro, Released on 4/18/23

Danielle DiMartino Booth, CEO and chief strategist of QI Research, returns to Forward Guidance to share her findings on the problems brewing in commercial real estate, the collapse in money supply (M2) growth, and her updated views on the auto and housing markets.

00:00 Intro
04:33 “Deathly Silence” In Private Equity World
16:13 “There Will Be A ‘Mark-to-Market’ Moment”
19:31 Issues In Commercial Real Estate (CRE)
21:47 Public ad
22:50 Auto Loans Are In Distress
30:36 The Residential Housing Market
36:39 Will Inflation Fall?
38:08 Fed Expects A Recession
41:12 Money Growth Is Lowest Since Great Depression
44:30 The Debt Ceiling
51:09 The Bernanke Doctrine In Jeopardy? (QE whil rates are above zero)
01:03:40 Quantitative Easing Is NOT Back, Says Danielle
01:09:28 Closing Thoughts On Credit Crunch

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.

  credit crunch, economy, inflation, real estate