The Fed's Folly: From Moral Hazard to Business as Usual, Feat. Jesse Felder

<p><span style="font-weight: 400;">Today on The Brief:</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">An unexpectedly good retail sales report drives market confidence </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Are we in for a second wave of white-collar layoffs? </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">The latest rumblings in central bank digital currencies</span></li> </ul> <p><span style="font-weight: 400;">Our main conversation:</span></p> <p><span style="font-weight: 400;">Jesse Felder is an independent financial analyst and one of the best financial curators on Twitter. </span></p> <p><span style="font-weight: 400;">In this wide ranging conversation, he and NLW discuss:</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">The Robinhood rally and what makes it both alike and different from previous manias </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">The illusion of American recovery and the disconnect between markets and fundamentals </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">The Federal Reserve’s role in increasing economic inequality </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why the dollar is significantly overvalued relative to other currencies </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why financial assets could be poised for a rough decade </span></li> </ul> <p><span style="font-weight: 400;">Find our guest online:</span></p> <ul> <li><span style="font-weight: 400;">Twitter:</span> <a href= "https://twitter.com/jessefelder"><span style= "font-weight: 400;">@jessefelder</span></a></li> <li><span style="font-weight: 400;">Website:</span> <a href= "https://thefelderreport.com/"><span style="font-weight: 400;">The Felder Report</span></a></li> </ul>