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Bob Elliott, Co-Founder of Unlimited, discusses the recent July FOMC meeting minutes, outlook for monetary policy, and likely market reaction to a Fed pivot.
*This video was recorded on August 21, 2024
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0:00 - Job growth revised down 818k
1:20 - Bob Elliott's background
2:13 - Asset allocation
4:05 - Bonds
5:00 - Fed pivot
6:29 - Labor market outlook
10:30 - July Fed meeting minutes
11:43 - Market reaction to Fed pivot
14:40 - Inflation
17:52 - Bulls vs. bears
20:49 - Liquidity crisis?
23:33 - Yen carry trade unwinding
26:36 - Credit event?
28:45 - Consumer spending
31:30 - Recession
