BREAKDOWN: From Moral Hazard to Business as Usual, Feat. Jesse Felder

A leading independent financial analysis shares thoughts on the “Robinhood rally,” Fed policy and why Modern Monetary Theory (MMT) is already here.

This episode is sponsored by Bitstamp and Ciphertrace.

Today on The Brief:

An unexpectedly good retail sales report drives market confidence Are we in for a second wave of white-collar layoffs? The latest rumblings in central bank digital currencies

Our main conversation:

Jesse Felder is an independent financial analyst and one of the best financial curators on Twitter. 

In this wide ranging conversation, he and NLW discuss:

The Robinhood rally and what makes it both alike and different from previous manias The illusion of American recovery and the disconnect between markets and fundamentals The Federal Reserve’s role in increasing economic inequality Why the dollar is significantly overvalued relative to other currencies Why financial assets could be poised for a rough decade 

Find our guest online:

Twitter: @jessefelder

Website: The Felder Report

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