Chris Temple – Fed Policy, Mid-Cycle Course Corrections, Inflation, The Great Stagflation, US Equities, And Commodities

The KE Report

Chris Temple, Editor and Publisher of the National Investor, joins us to share his main takeaways from the FOMC meeting this week, how any limited rate cuts may just end up being mid-cycle course corrections, the true reality as it relates to consumer pricing inflation, The Great Stagflation, and how this all ties into the general US equity markets and the commodities sector. This is a wide-ranging discussion that gets into the divergence between the return to a more sane backdrop of interest rates and a more normal business cycle, versus what the markets are anticipating with a binary switch to cutting rates back down to pre-covid levels. Chris outlines that Fed cannot possibly take us back to that kind of environment again, and that economic and market expectations will need to adapt to the changing multi-polar global economy.

He outlines some of the takeaways he had after attending and speaking at the recent SME "Current Trends In Mining Finance" conference in NY. One of the recurring themes centered around the challenges in policy, permitting, and personnel bottlenecks standing in the way of getting more mines into production to feed the growing demand for critical minerals in North America. Chris also points out that the western nations now need to rapidly play catchup and overhaul many policies to stimulate more domestic supplies or supplies from friendly nations of raw materials like lithium, copper, nickel, and silver, that prices will keep rising due to the supply-demand mismatches.

Click here to follow along with Chris at the National Investor website.