Boom Bust Season 1 Episode 129 Mish Shedlock On Fed Reserve and Rate Hikes and Marshall Auerback On Euro Recovery

Boom Bust season 1 episode 129 titled "Mish Shedlock On Fed Reserve and Rate Hikes and Marshall Auerback On Euro Recovery" brings experts to the show to discuss critical economic topics. The episode delves into the U.S. Federal Reserve and the effects of interest rate hikes on the economy, as well as the recovery of the Euro. The two guests, Mish Shedlock and Marshall Auerback, provide insightful analyses and predictions on these topics.

Mish Shedlock, an investment advisor, gives his take on the U.S. Federal Reserve's announcement of interest rate hikes. Shedlock explains how the rate hikes can affect the economy and consumers, especially those with loans and debts. He predicts that the rate hikes may cause financial distress to many Americans, as they may not be able to afford the higher interest rates. Shedlock also comments on the Fed's decision to reduce their bond-buying program, stating that it may not be beneficial for the economy and may cause a decline in the stock market.

In addition, Shedlock talks about the housing market and its correlation to interest rates. He discusses the current high prices of houses and how the rate hikes could affect the affordability of buying a home. Shedlock also explains how the housing market operates as an indicator of the economy's health, providing insights into the potential impact of the rate hikes.

Marshall Auerback, a market analyst, shares his views on the Euro's recovery. Auerback describes the Eurozone's recent economic growth and how the European Central Bank's policies have supported it. He also highlights the challenges that the Eurozone faces, such as the potential for inflation and the ongoing effects of the pandemic. Auerback predicts that the Eurozone's economic recovery may continue, despite these challenges, as long as the European Union can provide support and stimulus measures.

Auerback also talks about the importance of the Eurozone and how it affects the global economy. He explains how the Euro may compete with the U.S. dollar as a reserve currency, affecting trade and financial transactions. Auerback also talks about the political implications of the Euro and how its strength can influence political relationships between countries.

Throughout the episode, the hosts provide commentary and ask critical questions, further engaging the experts in dialogue. They also highlight other relevant economic news, such as the U.S. government's infrastructure bill and China's economy. The hosts provide a balanced perspective and invite the experts to share their opinions authentically.

Overall, Boom Bust season 1 episode 129 provides valuable insights into the U.S. economy and the Eurozone's recovery. The two guests, Mish Shedlock and Marshall Auerback, offer nuanced perspectives and predictions on these topics, which are critical to understanding the global economic landscape. The episode is a must-watch for those interested in finance, politics, and economics.