56. The economy is choking from rate hikes, but the Fed is not done yet

  Welcome back to Milkshakes, Markets, Madness. This is our Monday “Peek at the Week” which is part of the additional weekly content usually available exclusively on YouTube. Stay tuned for more of our regular weekly YouTube content to start appearing on the podcast feeds. In the meantime, check out all the additional videos on our YouTube Channel, including a “Midweek Update” and our NEW “Madness Edition” episode. If you are new to the show please read the LEARN MORE section which follows the show description and chapter timestamps further below. On our website there is an embedded video above and an audio player at the bottom of the page ONE MORE TIME All eyes are on the Fed. The odds clearly point to a pause, but Brent suggests otherwise. Market participants should think about playing the man, not the hand. In other words, Powell’s credibility could have more influence on the FOMC rate decision than their usual “data dependent” forward guidance. Join the Milkshakes Duo for a “Peek at the Week” and get Brent’s thoughts on why the Fed will hike at least one-more-time. https://youtu.be/paRadMIsc0c ————————————– PEEK AT THE WEEK (September 18, 2023) ————————————– “Peek at the Week” is a Monday video release that looks at the economic calendar for the upcoming week and discusses possible impacts on financial markets. *** More information about Milkshakes Markets Madness, and the hosts, can be found after the chapter timestamps below. *** ————— CHAPTERS ————— 00:00 – “Mad as hell” video intro 00:12 – Title screen and disclaimer 00:16 – Milkshakes menu 01:42 – Fed gonna hike 03:18 – Game of credibility 05:50 – Get in Powell’s head 09:27 – Cause and effect Japanese Jawbone Roulette (https://youtu.be/pxjC5xUOzzc) Big Money Influencers (https://youtu.be/Tk0OWMxjGlo) 13:23 – Housing data Drained Bone Dry (https://youtu.be/_F6Fq2kWs14) Great Fall of China (https://youtu.be/UoBO7XjdHQY) 15:56 – Markets are global 17:18 – The wrap-up 17:45 – “Mad World” teaser outro 17:50 – Disclaimer ——————— LEARN MORE ——————— Every week, Brent Johnson and Jon Kutsmeda invite you to share a laugh at their favorite Twitter tantrums, and the madness of financial markets. If you are tired of drawn out, jargon filled, boring financial podcasts, then tune in for Milkshakes, Markets, & Madness to enjoy the lighter side and off-topic discussions that include sports, politics, memes, travel, and whatever fun they find during the week. For anyone who is unfamiliar with our hosts,