Macquarie Capital's Shvets: Inflation Will Be Not Terribly Long

The transcript discusses market volatility, inflation concerns, and the Federal Reserve's response. It highlights the potential for disorderly market moves and the role of inflation in driving interest rates. The Federal Reserve's strategies, including their ability to control the yield curve, are examined. The dynamics of central banks and their consensus-building approach are also discussed. Finally, the impact of interest rates on risk assets and systemic risk is analyzed, considering the current financialization and leverage levels.

How does the text describe the Federal Reserve's ability to manage market volatility?

What does the text suggest about the relationship between equity and bond yields over the past 25 years?

What are the implications of the current financialization of markets as discussed in the text?