The Fed Won’t Save The Banks (Here’s Why) | Danielle DiMartino Booth

Danielle DiMartino Booth, CEO and chief strategist at QI Research, returns to Forward Guidance to share her thoughts on May 3rd’s Federal Reserve’s meeting of the Federal Open Market Committee (FOMC) as well as the ongoing issues at several regional U.S. banks. Follow Danielle DiMartino Booth Follow Jack Farley on Twitter Follow Forward Guidance on Twitter Follow Blockworks on Twitter ____ Apply to host the “Lightspeed” podcast on Blockworks at Use code GUIDANCE10 to get 10% off Permissionless 2023 in Austin: Research, news, data, governance and models – now, all in one place. As a listener of Forward Guidance, you can use code GUIDANCE10 for a 10% discount when signing up to Blockworks Research ____ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: Market commentary, charts, degen trade ideas, governance updates, token performance, can’t-miss-tweets and more. Subscribe to the Blockworks Research “Daily Debrief” Newsletter: ____ Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets. 00:00 Intro 11:02 When Will The Fed Pivot (Cut Rates)? 15:40 Powell Wants To Get Rid Of The Fed Put 25:20 Calling Inflation “Transitory“ Was “A Path To Hell“ 29:11 “Powell Will Stand His Ground“ 34:30 Permissionless 35:34 The Balance Sheet 40:17 Powell Won’t Save The Banks 47:41 Blockworks Research 48:41 The Debt Ceiling 54:08 “This Is Going To Be A Really Ugly Recession“ 58:03 Door To A June Hike Is Ajar 59:11 The Bernanke Doctrine 01:01:26 Danielle’s Views On Private Credit Are Evolving