The Global Macro with The Notetaker

Watching the endless flood of financial headlines right now is like drinking from a highly-subjective firehouse. Hindsight is always 20/20, yet there's no shortage of opinions about the events that have transpired during the past year. There are opinions about why inflation is rising so quickly, why the Fed's actions were the wrong decisions, or why the stock market is incredibly over or undervalued at this very moment. Subjective opinions might succeed in stirring up provocative news show conversations, but they also often induce dangerous biases. Media and political biases put their spin on every story, and they aren't shy about blaming the bad news on their opponents. The social media viral spread of misinformation can lead to cognitive biases, causing irrational conclusions due to misinterpretation. Emotional biases like anchoring or loss aversion paralyze us from taking action, even when great opportunities arise. And the endless debate about whether the glass is half full or half empty will continue for eternity, with bulls dismissing bearish pessimism and bears refusing to accept blind bullish optimism. Of course, this is all normal as part of our human nature. We're hard-wired to be triggered by the principles of influence, which is why these biases work against us. The mere recognition that they exist is the first step we can take in honing a better decision-making process. Yet in today's special 7investing podcast, we're going to take another important step. We're going to throw the opinions and the biases out the window, and we're going to take an objective look at the data. Now's the right time to dig into the numbers. To search for important insights about the financial bigger-picture and the current state of the economy. And from that, make informed decisions about what's in store for the stock market. To help us accomplish this, we've brought in the help of two brilliant Panamanian brothers who share a passion and talent for looking at the global macro. In today's special 7investing podcast, 7investing CEO Simon Erickson speaks with Vishal and Rishi Daryanani, who present an in-depth presentation full of detailed information investors should know about the macroeconomy. Vishal and Rishi share a 22 slide, comprehensive look at several different topics: Review of the 2008 - 2020 longest bull run in American history Expansionary monetary policy: Zero interest rates and QE Fiscal stimulus and the 'wealth effect' Rising inflation and why the Fed turned hawkish The impact of tightening Financial Conditions on Exchange Rates, Credit Spreads, Equity Valuations, and Interest Rates The impact of the war in Ukraine and China's Zero Covid Policy How to assess/measure economic strength: Income, consumption, production, and employment Opinions of high-profile institutional investors, including Michael Burry and Cathie Wood Following their presentation, Simon asks the brothers several questions -- including the similarities between today and previous financial crises, what battle plan the Fed will likely follow later this year, how markets and capital raises are continually evolving, and what the most-likely expectations they have for corporate American and the stock market in 2022 and 2023. Welcome to 7investing. We are here to empower you to invest in your future! We publish our 7 best ideas in the stock market to our subscribers for just $49 per month or $399 per year. Start your journey toward's financial independence: https://www.7investing.com/subscribe