{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"In the Money with Amber Kanwar","title":"The Fed is on a Collision Course: Big 2026 Call from a +$245B Macro Chief","html":"","width":"100%","height":180,"duration":3676,"description":"​​We’re looking ahead to the crucial Fed decision next week  — and the central bank may be on a collision course with the market, with inflation, and possibly with its own incoming leadership.Amber sits down with Dustin Reid, Chief Strategist, Fixed Income at Mackenzie Investments for a wide-ranging and deeply insightful breakdown of what’s about to hit the economy. Reid explains why chaotic Fed communication set the stage for this moment, why the December cut might be the last one for a long time, and what happens if the next Fed chair cuts rates no matter what the data says.They dig into the true state of the U.S. economy, the K-shaped consumer, whether inflation is really stuck near 3%, and how tariff pass-through and aggressive fiscal stimulus could complicate the path ahead. Then the focus shifts to Canada, where Reid argues the Bank of Canada is not done — predicting at least two more cuts by June 2026 as the country confronts a cooling housing market, stalled population growth, and wildly conflicting job data. He breaks down why labour market figures are sending opposite signals, how Blue Jays mania distorted the numbers, and what the real picture looks like under the surface.Amber and Dustin dive into how AI megacap spending has become a bigger driver of U.S. growth than the consumer, whether cracks in the AI trade will first show up in credit, why Oracle’s CDS spike may be more idiosyncratic than systemic, where private credit stress could ripple next, and how USMCA brinkmanship could impact Canadian markets in 2026.In the Mailbag, Dustin gives his thoughts on the TLT, unpacks the truth about de-dollarization, and explains whether target-maturity bond funds really make sense for retail investors.And in Pro Picks, he lays out his highest-conviction positioning for 2026: long the Canadian front end, short the U.S. front end, and why the EM FX carry could be one of the most overlooked opportunities for Canadian investors.Timestamps00:00 Questrade’s new...","thumbnail_url":"https://img.transistorcdn.com/er9NR63MREFV6i2rlZX8f-yMY6gNSK83fNUOzBPoSt8/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8zZmQy/OWMwNmEzY2Y0YTg1/NjM4MjQ3Y2NjMWYy/Zjk1My5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}