Bill Dudley, former President and CEO of the NY Federal Reserve bank, joins the show to talk about what really happens inside the Fed and the FOMC ahead of key meetings on interest rates, and what to expect at the next two key meetings. Plus, global stock markets are making a head-spinning comeback as countries facing steep economic downturns are delivering huge equity returns. And, a record amount of cash is sitting in cash. We look at where it may flow next.

LINKS FOR SHOW NOTES

www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

https://www.investopedia.com/terms/v/vix.asp

https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_012023.pdf

www.investopedia.com/ask/answers/06/dilutivestock.asp

https://www.youtube.com/watch?v=T0cAGOgJH3c

https://www.newyorkfed.org/aboutthefed/orgchart/dudley.html

https://gceps.princeton.edu/william-c-dudley/

https://www.abebooks.com/signed/Economics-Introductory-Analysis-Samuelson-Paul-McGraw-Hill/30058256356/bd