MI271: The Long Term Debt Cycle & De-Dollarization “Fairytale” Explained w/ Alfonso Peccatiello

<p>Rebecca Hotsko and Alfonso Peccatiello discuss the current market outlook, including the driving force behind the market rally, its sustainability, Alfonso’s prediction of a 0% rate cut by the Fed in 2024, and a whole lot more!</p><p>Alfonso Peccatiello is former Head of a $20 billion Investment Portfolio and now is the Founder and author of The Macro Compass, which is an investment strategy firm that provides financial education, macro insights and investment ideas.</p><p><br></p><p><strong>IN THIS EPISODE, YOU’LL LEARN:</strong></p><p>00:00 - Intro.</p><p>02:05 - His current market outlook, whether this recent market rally is sustainable or not.&nbsp;</p><p>10:43 - Why Alfonso expects the Fed to cut rates to 0% in 2024?</p><p>22:07 - How the long-term debt cycle works, what are the key factors that drive it over time?&nbsp;</p><p>29:27 - Why Alfonso believes we are in the very late stages of the long term debt cycle?</p><p>33:41 - What implications does this has economically, and for the financial markets?&nbsp;</p><p>34:02 - Will we see a period of deleveraging similar to 2008 and 1929 in the US?&nbsp;</p><p>41:11 - The difference between a period of deleveraging and a recession.&nbsp;</p><p>50:22 - His thoughts on the trend of de-dollarization, is a US dollar centric world over and are there any possible alternatives to this dollar central world?&nbsp;</p><p>54:49 - The Impacts that an economic downturn and de-leveraging would have on a US dollar based global system.</p><p>60:09 - Alfonso’s portfolio strategy and investment take-aways given his outlook.&nbsp;</p><p><br></p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES</strong></p><ul><li>Check out&nbsp;<a href="https://www.themacrocompass.com/" rel="noopener noreferrer" target="_blank"><strong>The MacroCompass</strong></a><strong>.&nbsp;</strong></li><li>Check out:&nbsp;<a href="https://themacrocompass.substack.com/" rel="noopener noreferrer" targ