Jay Hatfield is the CEO of Infrastructure Capital Advisors, and he is known for his contrarian macro views. He joined Phil Rosen on Full Signal to discuss Fed independence, assess Jerome Powell's job leading the central bank, why inflation looks bullish, what money supply is signaling, and more.

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Timestamps:

0:00 - Intro

0:34 - Fed criticisms

3:03 - Powell’s mistakes

5:10 - Keynesian vs. Monetarist

7:44 - Flawed data

8:54 - Rethinking the Fed

11:05 - Fed independence

13:35 - Public & Generated Assets

14:40 - Fed succession

17:00 - Faulty data

19:01 - 2026 rate cuts

20:28 - Is monetary policy tight?

24:34 - Residential recession

27:30 - Rising productivity

30:19 - 8,000 S&P 500

32:54 - Portfolio strategy

34:25 - AI trade

36:15 - Tech valuations

Disclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.

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