#200 Chris Whalen: The Fed 'Jumped The Shark' With Its Rate Cut

The Julia La Roche Show

Investment banker and author Chris Whalen, chairman of Whalen Global Advisors, who is also the author of The Institutional Risk Analyst, returns for episode 200 to discuss the economy, the Fed, upcoming bank earnings, the 2024 election, and more.

✨ This episode is sponsored by Public.com. Lock in your 6.6% yield: https://public.com/julia ✨

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Links:

Twitter/X: https://twitter.com/rcwhalen

Website: https://www.rcwhalen.com/

The Institutional Risk Analyst: https://www.theinstitutionalriskanalyst.com/

Stanley Middleman book: https://www.amazon.com/Seeing-Around-Corners-Achieving-Business/dp/B0D5PTSJVC/

00:00 Introduction and welcome Chris Whalen

01:10 Macro view and Federal Reserve actions

02:56 Fed's rate cut mistake and implications

05:14 Fed's credibility and narrative challenges

07:12 Global economic outlook and banking sector issues

09:13 Inflation and its impact on different economic segments

12:09 Analysis of proposed first-time homebuyer policy

15:01 Discussion on oil markets and OPEC

16:48 US 10-year yields and mortgage rates

19:46 Outlook for upcoming bank earnings

22:19 Basel Accord and banking regulation issues

26:25 Market risks and bank solvency concerns

28:16 Implications of rising 10-year Treasury yields

30:36 2024 US election outlook and key issues

33:00 Closing thoughts and upcoming book releases