Published on: October 26th, 2021 • Duration: 54 minutes
Has economic recovery hit an air pocket? The "Bond King" Steven Van Metre, president of Steven Van Metre Financial, sits down with 42 Macro CEO and founder Darius Dale to lay out key macro drivers in the labor markets and the inflation story. Examining key trends in job growth and economic stimulus, the pair paint a bleak picture on the supply and demand of labor in the U.S.: boundless job openings, anemic spending, and supply chain bottlenecks. Halloween isn’t the only thing spooking the markets — with firm inflation broadening out to goods and services inflation, the looming question remains: is inflation here to stay? Van Metre makes key predictions on how markets will react to the unfolding macro regime. Filmed on October 19, 2021.