Steve Lord

speaker
944 appearances 4 recordings 1 series first heard Jul 2025 last heard 7 Apr

Steve Lord’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
1 · Apr OctJan 26AprJulnow

Recordings per month over the last 12 months — 3 in all, peaking in Apr 2026 with 1.

Appearances

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I touch on interest rates
The the other wild card in this is back to the longer this goes.
The the frankly, unfortunately, the longer oil is high and the downstream effects of that become more likely in the broader economy, actually, the more likely it is that the Fed doesn't cut, but they actually hike.
Oh, really?
Right.
Because well, sure.
What is their mandate is employment and inflation.
Oil is in everything.
So if oil has doubled
Eight to twelve months from now, inflation's going to be very much more a problem than it is today.
So the Fed by its charter needs to kind of be ahead of that a little bit.
And they might be stuck in this extremely difficult position of kind of a sluggish economy, but inflation trending up.
And the only answer they have to that is to like.
I don't think it's a likely outcome at the moment, but it is one that is certainly a lot more likely than it was before we had kicked over.
the the dust in the Middle East.
And and nobody probably intuitively no president in recent memory intuitively understands interest rates.
For better or for worse, than Trump.
He's built his whole career understanding the impact of interest rates on his businesses.
That's why he's always chirping at the Fed to cut.
He wants low rates.
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