The Julia La Roche Show

#109 Danielle DiMartino Booth: 'It’s Clear That The U.S. Economy Is In A Recession If It Wasn't For Everything That Uncle Sam Is Either Spending Or Fudging'


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Danielle DiMartino Booth, CEO and Chief Strategist for QI Research, a research and analytics firm, returns to The Julia La Roche Show for episode 109. In this episode, DiMartino Booth argues that the U.S. economy would already be in recession if it weren't for the government's spending.

A global thought leader in monetary policy, economics, and finance, DiMartino Booth founded QI Research in 2015.  She is the author of FED UP: An Insider’s Take on Why the Federal Reserve is Bad for America (Portfolio, Feb 2017), a business speaker, and a commentator frequently featured on CNBC, Bloomberg, Fox News, Fox Business News, BNN Bloomberg, Yahoo Finance and other major media outlets. 

Prior to QI Research, DiMartino Booth spent nine years at the Federal Reserve Bank of Dallas. She served as Advisor to President Richard W. Fisher throughout the financial crisis until his retirement in March 2015. Her work at the Fed focused on financial stability and the efficacy of unconventional monetary policy.

DiMartino Booth began her career in New York at Credit Suisse and Donaldson, Lufkin & Jenrette where she worked in the fixed-income, public equity, and private equity markets. DiMartino Booth earned her BBA as a College of Business Scholar at the University of Texas at San Antonio. She holds an MBA in Finance and International Business from the University of Texas at Austin and an MS in Journalism from Columbia University.


Links:

QI Research: https://quillintelligence.com/subscriptions/

Twitter/X: https://twitter.com/dimartinobooth

Fed Up: https://www.amazon.com/Fed-Up-Insiders-Federal-Reserve/dp/0735211655


The Julia La Roche Show is produced by Marlinski Media: https://www.marlinskimedia.com/


Timestamps: 

00:00 - Welcome Danielle DiMartino Booth to the show 

1:06 - Macro outlook on the economy, discussion on job market and revisions

3:56 U.S. economy is clearly in a recession if it weren’t for government spending 

6:30 - Discussion on the Federal Reserve and the higher for longer regime

9:20 An about-face for equity investors  

11:46 - Conundrum for RIAs

15:22 - Biggest risk is in middle portion of commercial real estate and corporate debt

17:30 - Exchange Traded Funds (ETFs) and a passive investing bubble? 

18:27 - Discussion on Federal Reserve's zero bound interest rate policy

22:30 - Geopolitical risks following an attack in Israel

24:30 - US deficit at wartime levels, fiscal responsibility and potential long-term consequences

26:30 - Conclusion

...more
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