Inflation Is Cooling, So Why Is the Fed Running Hot? | Macro Mondays

Andreas Steno and Mikkel Rosenvold are back on this Macro Monday episode to discuss why the Fed may still be overreading inflation risks; Mikkel digs into why Donald Trump ordered a pullback on military exercises in South Korea, and Andreas lays out the trades he likes right now in the current macro regime.

🔥 Get 𝗙𝗥𝗘𝗘 𝗔𝗖𝗖𝗘𝗦𝗦 to Real Vision https://rvtv.io/3YOZZUe

Timestamps:

00:00 - Goldilocks Is Back? Why Growth and Inflation Are Finally Aligning

05:02 - US Consumer Strength vs Record-Low Sentiment: What’s Really Going On

10:41 - Why the Fed Could Be Wrong-Footed by Falling Inflation

13:07 - Four Reasons US Inflation Is Cooling Faster Than Expected

18:45 - Could Goldilocks Change the Midterm Election Outlook?

19:36 - Trump, South Korea, and the Growing Risk to Asia’s AI Supply Chain

22:08 - High-Bandwidth Memory, China, and the US Export-Control Problem

24:31 - Micron, Memory Stocks, and Why the AI Trade May Still Be Early

26:34 - The Best Macro Trade Now: Own Inflation Where the Fed Can’t See It