War Room: Peak Inflation | Orion
The Orion War Room discusses the likelihood of peak inflation amid a probable technical recession, noting stable earnings, falling commodities, and cooling housing markets as signs that Fed shock therapy is effective, while exploring whether Fed hawkishness will cease and if equities have bottomed at 3666, with insights from Phillip Toews, CEO of Toews Asset Management.
Sure we’ve probably got a technical recession. But so what? Earnings are doing just fine, commodities are falling and housing is no longer crazy. The Fed shock therapy seems to be working, and other central banks are following suit.
- Did peak inflation happen?
- Will the Fed hawkishness stop now?
- Did equities bottom at 3666?
We will update our Inflation scenario, and chat with Phillip Toews, CEO and Lead PM at Toews Asset Management, in the next Orion War Room.