TDI Podcast: Fiscal Sisyphus (#897)

The Disciplined Investor

Tech off track for the week

Bitcoin stampede finally slows.

Eco data – humming along and the Fed is starting to change its tune.

Guest: Jonathan Petersen, Variant Perception

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“Fiscal Sisyphus” is a term used to describe a situation where fiscal policy supports growth despite economic “gravity” dragging it down. The term refers to the Greek myth of Sisyphus, who was condemned by the gods to roll a boulder up a hill in the underworld, only to have it roll back down every time he reached the top. The myth is often used as a metaphor for the futility of life and the importance of finding joy in the present moment.

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Jonathan Petersen is Chief Markets Economist at Variant Perception, where he contributes to the analyst team’s research on major economies and markets. He started his economics career on Vanguard’s global economic research team.

Following this, he helped launch and lead the currency research service at Capital Economics.

Jonathan studied economics and strategic management at Boston College and earned his masters in economics at the University of Edinburgh.

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Stocks Mentioned in the Episode: (GLD), (BTCUSD), (AMD), (QQQ)

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