WallStForMainSt: Michael Lebowitz: Fed Plans More Rate Hikes (Pace Slowing), But Big Math Problems Looming In 2023
Jason Burack of Wall St for Main St interviewed returning guest, Portfolio Manager for RIA Advisors https://realinvestmentadvice.com/investing/, Michael Lebowitz, CFA.
Follow Michael on Twitter here: https://twitter.com/michaellebowitz
Michael is also a partner (he works with Lance Roberts) and an author for Real Investment Advice and Simple Visor and has worked in the past for many years as a financial professional including many years at Freddie Mac in the DC metro area.
During this 40+ minute interview, Jason asks Michael questions about an inverted yield curve, what it signals for the US economy and different asset classes and who will be buying US Treasuries going forward.
Jason and Michael discuss how Japan appears to be hitting its limits with financial repression and yield curve control and how the Fed and US Treasury are dealing with a very serious problem heading into 2023, interest payments on the rapidly growing US national debt are headed towards $1 trillion per year (already over $700 with the rate hikes in 2022) in 2023.
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