The Rate Guy

JP Conklin
  • 4.7 (44)
  • BUSINESS
  • UPDATED WEEKLY
The Rate Guy Podcast

The Rate Guy Podcast is hosted by JP Conklin of Pensford. It's an irreverent insight into interest rates and current markets and how they impact the Commercial Real Estate and Multifamily industries.

  1. 1 DAY AGO

    The Fed Should Cut 50bps This Week, but They Won't

    On this episode of The Rate Guy, we’re keeping it short and sweet. We’re prepping for Wednesday’s rate cut decision and breaking down 7 reasons why the Fed won’t go for a 50bps cut, despite market hopes. We’ll also touch on what you might want to do with caps ahead of the meeting. Here is the link to register for the Q3 Interest Rate Webinar that you won't want to miss! Topics of Discussion Register to attend Pensford's quarterly markets and interest rate update on September 19th, 2024 at 1:00pm EDT. This webinar will cover a variety of topics including: Fixed and Floating Rate Forecasts Rate Cuts Faster than Expected Whether Rate Cuts are too Late Labor Market Weakness Risk of Recurring Inflation Hedging Against Falling Rates

    22 min

  2. SEP 9

    The Fed Should Cut to 3.25%

    In this episode of The Rate Guy, we discuss why cutting rates to 3.25% might be the right move for the Fed. Fed Chair Powell recently stated at Jackson Hole, “We do not seek or welcome further cooling in labor market conditions,” which has huge implications for future rate cuts. With job gains averaging just 116k per month, we break down why the benchmark for job growth is 100k—not zero—and how that ties into the Fed’s decision-making. We also dive into research, like Indeed's Nick Bunker’s analysis on how much the labor market has already cooled (link), and ask the key question: will cutting rates fast reaccelerate inflation?

    21 min

  3. SEP 3

    The Fed Is Cutting No Matter What NFP Says

    On this episode of The Rate Guy, we discuss the latest inflation data, why the Fed will cut rates, regardless of what Friday's Non-Farm Payroll (NFP) report reveals and what may influence a 50bps cut instead of 25bps. We also address concerns about the economy heating up again when the Fed starts cutting and why that's not going to happen.    Link to the CNBC article about fake jobs.

    23 min

  4. AUG 25

    The Fed Might Cut 50bps Next Month

    Football season is back, and so is JP's trash talk! In this episode of The Rate Guy, we touch on some friendly (or not-so-friendly) college football banter and dive into the real game: Fed policy moves. With Powell signaling a rate cut next month and the labor market's true strength under scrutiny, we break down what this means for the economy. We'll also explore how misleading job data could be skewing perceptions and why easing off the brakes might be just what the economy needs right now.

    18 min

  5. AUG 19

    I'm Getting to Jackson Hole One Way or Another!

    On this episode of The Rate Guy we discuss this week's Jackson Hole meeting where the theme  is “Reassessing the Effectiveness and Transmission of Monetary Policy.” We talk about some of the things they might touch on and how the market may react. We also discuss the consumer spending situation; why it's not as rosy as the number suggests and why these red flags have not yet caused a more significant slowdown in consumer spending.   Here is the link to the quarterly report that the NY Fed puts out on consumer debt that we discuss. For graphs referenced, check out this week's Pensford Newsletter.

    20 min

  6. AUG 12

    The Interest Rate Olympics

    On this week's episode of The Rate Guy we get a little creative and compare Olympic athletes to players in the Interest Rate game. On the heels of a couple data heavy weeks, we hope this is a breathe of fresh air for you all. And you may be asking, there's a connection between the Australian "break dancer" and interest rates!? Yep, there sure is!

    31 min

  7. AUG 5

    On A Long Enough Timeline, JP Is Always Right

    In this episode of The Rate Guy Podcast, we dive into the concept of the "JP Rule"—the idea that, given enough time, JP is always right—and compare it to the established Sahm and Taylor economic rules. We also cover one of the most significant economic weeks in recent memory, possibly since the Fed began hiking rates. There’s a lot to discuss this week, including the potential number of rate cuts this year and the factors that could influence them. We'll explore the chaos that erupted after the latest jobs report, the implications of the Sahm Rule being triggered, and the importance of the Quits, Layoffs, and Labor Supply report. Tune in to find out why these issues deserve your attention.

    33 min

  8. JUL 28

    Fed Meeting Primer and JMo Update

    On this episode of The Rate Guy we discuss what to expect at this week's upcoming Fed meeting, jobs report and what impact those may have on rates and cap pricing. JP also gives an update on the JMo wager!

    23 min
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4.7
out of 5
44 Ratings

About

The Rate Guy Podcast is hosted by JP Conklin of Pensford. It's an irreverent insight into interest rates and current markets and how they impact the Commercial Real Estate and Multifamily industries.

Information

  • Creator
    JP Conklin
  • Years Active
    2020 - 2024
  • Episodes
    100
  • Rating
    Explicit
  • Copyright
    All Material Copyright © 2020 Pensford LLC
  • Show Website
    The Rate Guy

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