Jerome Powell is WRONG on the economy | Jay Hatfield, Infrastructure Capital

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.This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Watch On YouTube: https://youtu.be/pLTYdagP1kwTimestamps:0:00 - Intro0:34 - Fed criticisms3:03 - Powell’s mistakes5:10 - Keynesian vs. Monetarist7:44 - Flawed data8:54 - Rethinking the Fed11:05 - Fed independence13:35 - Public & Generated Assets14:40 - Fed succession 17:00 - Faulty data19:01 - 2026 rate cuts20:28 - Is monetary policy tight?24:34 - Residential recession27:30 - Rising productivity30:19 - 8,000 S&P 500 32:54 - Portfolio strategy34:25 - AI trade36:15 - Tech valuationsDisclosure: 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.#podcast #investing #markets #macro #stocks #bitcoin #fed