The highest inflation in three years has the market pricing in rate hikes. A 38-year Wall Street monetarist thinks that's exactly backwards, and that the Fed is clear to cut.
Today we welcome Jay Hatfield, founder, CEO, and portfolio manager at Infrastructure Capital Advisors, where he runs nine income ETFs. A CPA and Wharton-trained monetary economist with 38 years on Wall Street, Jay makes the contrarian case that the recent inflation spike is a near-term oil-price illusion about to reverse, not the start of a wage-price spiral.
He breaks down why he ignores the labor report, why deficits and strong employment don't drive inflation, and the four or five indicators he actually uses to forecast rates and the business cycle.
This conversation is for investors trying to separate signal from consensus on interest rates, oil, the AI earnings boom, and where to position before the next move. Jay also walks through his DCF on the SpaceX IPO and the "Musk premium" that could push it far above fair value.
π Please Subscribe and Hit the Bell: https://www.youtube.com/@NavigatingWealthPodcast?sub_confirmation=1
Discover More From Long Angle
π YouTube: https://www.youtube.com/@NavigatingWealthPodcast
π Beyond Wealth Newsletter: https://beyondwealthnewsletter.com/
π Research & Studies: https://www.longangle.com/research
ββββββββββββββββββββ
Resources & Links
π₯ Become a Member: longangle.com/navigatingwealth
π€ Get Episode Release Notifications: https://www.longangle.com/navigating-wealth-podcast
ββββββββββββββββββββ
Socials
πΌ LinkedIn: https://www.linkedin.com/company/long-angle
π
§ Twitter/X: https://x.com/LongAngleHNW
πΈ Instagram: https://www.instagram.com/longanglehnw/
π Facebook: https://www.facebook.com/longanglehnw
Long Angle is a private, vetted global community of accomplished entrepreneurs, executives and professionals who have reached meaningful financial milestones and want to navigate wealth with peers who understand their challenges, opportunities, responsibilities and ambitions.
Hosted by the founders of the Long Angle community, Navigating Wealth explores how experienced investors, founders and operators approach the real questions wealth creates, from private markets and capital allocation to business exits and life design.
What is Navigating Wealth?
Hosted by the founders of the Long Angle community, Navigating Wealth is a podcast for founders, executives, and investor operators who have built significant wealth. Each episode features a guest with an unusual career journey and deep subject matter expertise to share fresh, candid perspectives across some aspect of the economy, investing, family, health, or lifestyle.