In this episode, economist and geopolitical expert Jim Rickards why the market needs to stop banking on more than one rate cut from the Fed, how Wall Street has been wrong for two years and the looming threat of commercial property held by the banks.

Timestamps: (2:30) – How does the market continue to get the Fed wrong

(8:00) – How a 3% inflation halves in value in three years

(12:03) – Central banks rarely do anything quickly

(18:30) – Inflation: Supply chain driven or easy money?

(27:30) – A glut of commercial property

(33:50) – “You’re out of rabbits”

(40:19) – Trump V. Biden showdown

(53:00) – A classic daiquiri

Learn more about Jim's newsletter here: https://fattail.com.au/publication/rsi/