Global Multi-Asset Investment Strategist, True Insights

Jeroen Blokland

All-round Multi-Asset investor. Former head of a EUR 5 billion multi-asset fund range. Speaker. Charts & Frameworks. Founder of True Insights, a provider of independent investment research, trade ideas & well-diversified portfolios.
https://true-insights.net/

Global Multi-Asset Investment Strategist

A Secret US-China Accord? Will It Boost Global Liquidity?

One or Two More Fed Rate Hikes? Comparing Today to the Last FOMC Meeting

Build Well-Diversified Multi-Asset Portfolios

True Insights

Our research helps investors build well-diversified multi-asset portfolios and profit from market developments. In addition, our unique and proven Macro – Sentiment – Valuation (MSV) investment framework ensures a consistent flow of new investment opportunities. Together with our market views, these opportunities will be reflected in our live ETF-based Global Multi-Asset Portfolios.

Macroeconomics

<ul>
<li>We believe the most recent FOMC decisions and forward guidance on US monetary policy should be interpreted as ‘hawkish.’</li>
<li>Bullish case: Why 'skip' with just 4 meetings remaining, inflation down to 3.5% leaves monetary policy very tight, and the Fed didn't hike in 2006 after a 425 bps increase.</li>
<li>Bearish case: Dec 2024 Fed Fund future at 3.85%, rates are (very) restrictive in any case, this is no environment for growth stocks, look what happened after 2006.</li>
</ul>


We believe the most recent FOMC decisions and forward guidance on US monetary policy should be interpreted as ‘hawkish.’
Bullish case: Why 'skip' with just 4 meetings remaining, inflation down to 3.5% leaves monetary policy very tight, and the Fed didn't hike in 2006 after a 425 bps increase.
Bearish case: Dec 2024 Fed Fund future at 3.85%, rates are (very) restrictive in any case, this is no environment for growth stocks, look what happened after 2006.


Bullish or Bearish? Our Thoughts on the Fed’s Hawkish Pause