The Conversations takes a victory lap for the many predictions on this podcast that were validated by subsequent events. At the same time, this episode will look ahead to what may come next in the financial markets and for the global economy. "These predictions were made well before they became conventional wisdom," writes DICK BOVE, chief financial strategist at Odeon Capital Group. In this latest Conversation, BOVE takes us through his litany of forecasts, from soaring inflation to the Fed acting as a buyer of last resort in funding Federal deficits. MAT VAN ALSTYNE, Odeon co-founder and managing partner, warns that some 50 percent of US debt turns over every three years, raising the prospect for trouble in our current environment. With mortgage rates in the US having topped 7 percent, a 20-year high, JOHN AIDAN BYRNE examines how that translates for borrowing costs. The Conversation also examines the latest risks of the much anticipated recession in the US and worldwide, with BOVE looking at contributing factors that could shape its outcome. On Wednesday, November 2, the US Fed announced a fourth consecutive 75 basis points rate rise, which puts the benchmark federal funds rate at a range of 3.75% and 4.00%.  The total of rate hikes for the year is now at 375 bps. 

E-Mail Questions and Comments: [email protected]