The Fed to the Rescue

Published on
June 6th, 2019
35 minutes

The Fed to the Rescue

Investment Ideas ·
Featuring Luke Gromen

Published on: June 6th, 2019 • Duration: 35 minutes

Luke Gromen, founder and president of Forest for the Trees, sees an investment opportunity in rising U.S. government deficits. He believes the Fed will be forced to step in with interest rate cuts and quantitative easing, and that this will drive the investment cycle over the medium term. He warns, however, that if the Fed abrogates its duty in the Treasury market as a buyer of last resort, the implications would be profound. Filmed on June 3, 2019 in New York.