The Fed held rates at 3.75%-4.00%, but two governors dissented and voted for another hike, and Chair Warsh says conditions still aren't tight. Here is what that 10-2 split means for discount rates, margin of safety and companies with heavy debt.
Chapters
(0:00) FOMC Rate Pause Big Picture
(2:21) Target Rate and 10-2 Vote
(3:45) Strong Economy, Stubborn Inflation
(4:25) Key Risks: The Bear Case
(5:04) Strong Economy, Stubborn Inflation
(9:07) The Warsh Playbook
(12:25) Financial Conditions Spectrum
(13:10) The Warsh Playbook
(14:11) Strong Economy, Stubborn Inflation
(14:52) Financial Conditions Spectrum
(15:50) Key Risks: The Bear Case
(18:15) Takeaway for Long-Term Investors
(20:25) The DeepValues Ecosystem
(21:02) Get the free apps
DeepValues toolkit
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