Description
In this episode, Warren Pies of 3Fourteen Research joins the show to discuss why disinflation and Goldilocks conditions persist into early 2026, and where the real risks may flip from cooling to overheating. We also explore his outlook on bonds, equities, commodities, and the policy trade-offs beneath a K-shaped economy. Enjoy!
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Timestamps:
00:00 Introduction
01:46 2025 Wins & Misses
07:48 What Drives Rates In 2026
13:00 Grayscale Ad
13:37 Inflation Deep Dive
18:47 Labor Market & Housing
22:59 The K-Shaped Fed Cycle
29:50 Grayscale Ad
30:37 Fed Balance Sheet
35:06 Active Treasury Issuance
37:46 Equities In 2026
45:20 Commodities Heating Up
48:13 Final Thoughts
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Disclaimer: Nothing said on Forward Guidance is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.
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