The Rate Debate
What do you get when you throw a 36-year-fixed-income veteran into the room with a 26-year-old fixed-income millennial? The Rate Debate.
Darren Langer and Jess Ren are seasoned fixed income specialists with a deep passion for bond markets and an opinion on just about everything. And while they may sit facing each other at work, they don’t always see eye-to-eye.
Tune-in each month to hear their take on the RBA’s interest rate decision and other macro matters influencing markets.
The Rate Debate
Ep29: Leading indicators warn of global recession
Central banks state they are not seeing signs of a recession as they continue hiking rates to curb spiralling inflation. But, with forward indicators flashing red across the board, low consumer confidence, declining forward sales, the US yield curve beginning to invert and the continued drop in the global equities, markets are telling us they see slowing growth ahead.
Will the RBA pause in August or will they continue to tighten at the fastest rate we have seen in 30 years and drive the country into a recession?