The Fed’s Arrogance

Published on
August 2nd, 2019
11 minutes

The Fed’s Arrogance

Trade Ideas ·
Featuring Michael Gayed

Published on: August 2nd, 2019 • Duration: 11 minutes

Michael Gayed, portfolio manager at Pension Partners and author of the Lead-Lag Report, explains why he sees the Fed's decision to cut interest rates as a mistake. In this interview with Jake Merl, Gayed highlights the knock-on effects of central bank policy, reiterates his thesis on reflation, and discusses how traders and investors should position themselves in the current market environment. Filmed on August 1, 2019.