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Steve Saretsky

👤 Speaker
2315 total appearances
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Appearances Over Time

Podcast Appearances

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

So if you're going to sell your home, get it out now.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

If you're going to buy a home.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Is that investment advice, Keith?

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Just wait a little bit more.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

The other thing that I thought was really- Rich, sorry to interrupt.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Actually, they don't.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

I'm wondering if Rich is ever going to slow down.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

So guys, with the whole inflation argument, one comment you made, Rich, it is right, depending on the era that we're in.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

the central bankers at that time, it doesn't matter if they're American, Canadian, or German, I mean, they have to come up with a methodology to try to accurately measure what they believe is

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

the best tool, sorry, the best measurements so they can use their tool of, you know, changing rates.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

That's what they're trying to do.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

And, you know, we've talked before, you know, we really are at the end of, you know, 40 plus year cycle where, hey, we're at zero for 15 years with, you know, QE and a lot of stuff going on.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

And now inflation is creeping in.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

So, yeah, they need to sort of change how they're looking at, you know, the so-called game that they're trying to play.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

I think it's irrelevant, truthfully, because I think the market, I think rates are going up across the curve, especially long-term rates.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

So I know 10-year yields have been inching up almost every day now, like over the last few days.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

And you're also, though, if we run into this,

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

scenario where long-term rates just say the say the 10-year in the us where are we this morning 460 maybe like in that range us yeah 465 yeah in that range let's just say use that as a proxy say that shoots up to five and a half very quickly remember in 2022 the tenure went from one to four percent you know

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Can you hear my snap?

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

I'm snapping everyone just like that.