Lots More With Skanda Amarnath on This Moment in Macro

In this episode of Odd Lots More, Joe and Tracy are joined by Skanda Amarnath to discuss the complexities of the current macro environment, focusing on the recent PPI report and its implications for inflation. They explore the potential for the Fed to cut rates in September, the impact of tariffs and deficits on inflation, and the rising electricity prices due to data center demand and AI enthusiasm. The conversation also covers the debate around Fed independence, the challenges of interpreting economic data, and the potential for stagflation. Finally, they touch on the dynamics of long-term interest rates and the factors influencing market optimism despite economic uncertainties.