Ep. 123: Lindsay Politi On the Inflation Path, Fed Cuts and Money Printing

Lindsay Politi is Head of Inflation Strategies at One River Asset Management. Lindsay began her career at Wellington Management in Boston where she was head of Global Inflation-linked Investments. In that role she was one of the top TIPS managers by assets, managing over $10 billion in dedicated assets, with a top quintile track record for excess in her peer group. She then joined Tudor Investment Corporation in Greenwich as a discretionary macro investor, translating her inflation strategy onto a macro hedge fund platform. She then joined One River Asset Management in 2018. In this podcast we discuss:

1. The short-, medium- and long-term drivers of inflation
2. Why near-term inflation could still rise even with growing recession fears
3. Why changes in interest rates could matter more than the levels of interest rates
4. How housing affects inflation
5. Possible parallels to the 1970s
6. Why inflation volatility matters
7. Whether the Fed will cut rates in 2023
8. Why the TIPs market may not give an accurate measure of long-term inflation
9. The income potential of TIPs bonds
10. The case of low inflation in Japan
11. Books mentioned: Slouching Toward Utopia (DeLong), The Dawn of Everything (Graeber, Wengrow), Amusing Ourselves to Death (Postman)

You can follow Lindsay here.

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(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)