Fiscal Dominance Insights
Lyn discusses the implications of fiscal dominance on the current rate hiking cycle, highlighting how high public debt alters the effectiveness of rate increases. While rate hikes traditionally strengthen currency and slow bank lending, the current environment shows that deficits overshadow new bank loans, leading to a unique economic landscape. Concerns about capital flows are raised, particularly regarding the equity market, as foreign investment tends to favor US equities over housing.In this clip
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Prof G Markets
What the 2024 Rate Cutting Cycle Could Mean For Investors — ft. Lyn Alden | Prof G Markets
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