Episode Details
Back to Episodes
Is fiscal policy still the key driver of the economy & asset markets?
Episode 270
Published 8 months, 2 weeks ago
Description
Today’s Macro Minute explains why fiscal policy, not Fed policy, remains the dominant driver of the economy and asset markets. Darius breaks down the sharp reacceleration in deficit spending, the implications for Treasury supply and Fed balance sheet involvement, and why fiscal dominance continues to underpin the Paradigm C regime despite rising political & market volatility.