The Most Important ECB Meeting Since The Draghi Era | Alfonso Peccatiello

On today's edition of Boiler Room, Alfonso Peccatiello walks through his most recent twitter thread after this weeks ECB meeting.

In this meeting, Lagarde gave an undoubtedly hawkish press conference to remind markets they have a lot further to go in their quest to fight inflation. Alfonso walks through how investors should interperit this hawkish tone from the ECB, and more importantly how it might effect your portfolio. To find out more, you'll have to tune in!
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Referenced In The Show:

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Timestamps:
00:00 Introduction
00:40 Breaking Down The ECB Meeting
06:36 The ECB Is Leading Europe Into A Recession
08:13 Final Thoughts
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Disclaimer: Nothing discussed on Boiler Room should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

[manfredvandoorn]

Thanks Alf, for all your teaching.
Good luck with your new business plan.

[steveholloway]

Why the market thinks the Fed will blink but the ECB won't is beyond me. Trichet went hawk in 2008 and backed down. He tried again in 2011 and backed down again. Lagarde will also back down in the face of what's coming at the EU economy over the next two years. She can always blame mission-failure on Putin.

Separately, not sure I buy into your rationale that having a multi-tiered subscription service to help those who want to 'up their macro game' precludes continuing to offer a free weekly 15-minute video through Blockworks to those who helped build your brand so rapidly. Darius Dale has done something akin to this with his daily MacroMinute. Conversely, Doomberg were quite clear from the outset that their intention was to remain free until subscriptions levelled off, then put up a paywall. Perhaps there's merit in their more open approach.

[ukulele]

Sorry to see you stop doing free videos Alf. I appreciated what you shared. Unfortunately, your products are way out of my price range.

[erickillian]

Just here to learn and don't actively trade (not do I want to or could I with full time job and family) so doesn't make sense to buy your content but have appreciated all of your YouTube videos and watched nearly everyone this year. Thanks and hope to see you back. Respectfully, if you're managing a 20B portfolio hopefully you find a way to have a freememium or lower tier membership (I do pay $5-$15/month for other content providers but will be looking to cull those in the months ahead). But for real thank you for all the great conversations, guests and hope you don't go away completely.

[malifestro]

Thank you for everything you have taught and shared with us for free. I hope one day you come back and again give freely to the community that helped build your brand up. Good luck with your new business.

[tastypymp]

This is a complete paradigm shift.

People talk of the Fed pivot without realising or accepting that it's already happened.

Inflation = 'too much' wealth in the economy and currency in the market. That produces catastrophic consequences, economics 101.

Many people are now going to experience what it is to be poor either for the first time or the first time in a long time.

No more second sports cars.
No more 3 holidays abroad a year.
No more buying houses bigger than you need.

To put it bluntly, no more $300 hairdryers....

It's going down.

The Great Reset.

[NevadaJohn]

Good luck brother
on your new business structure.

[extrememike]

We need a student tier subscription. 😊

[Miguel-yrwi]

Good luck with your new business! I can't afford it for now, but I hope I will someday. Thanks Alf, for all your teachings during this time.

[cosmiccoder]

Thanks Alf, you are a great teacher. Hope you will come back to YouTube for those who are not investors but want to learn the macroeconomics. Perhaps you can think of releasing at least one video per month. All the best wishes for your new journey, , ,

[GEOPOLITICALANALYSIS]

Thank you as well for all you've shared with us. Appreciate your work.

[tomaszantosiewicz]

You have a course, congratulations, now it's time to launch an Alf Coin and NFT collection.

[SS-repd]

hate that you are leaving us with your new biz plan - you will be missed. thank you for all your help and teachings.

[TM-frgh]

Respect Alf. Thank you for everything. Will definitely check out the service once I can afford it haha

[JakeAllen]

NOOOO ALF WE WILL MISS YOU. CONSIDER OFFERING STUDENT DISCOUNT FOR THOSE NOT MANAGING MONEY BUT LOVE LEARNING FROM YOU

[jensberli]

videos as well for longterm investor or only written newsletter?

[Peter-wtlk]

Was that a typo? Shouldn't it be " Laggards turn Hawkish." ?

[p_l]

Running 20B portfolio and needs to make money on the side by selling information online??
That should tell everyone the level of success you are having….

[MegaNas]

Alf, you discuss the relationship between the ECB's key rate and the level of CORE inflation. But in its policy framework the ECB still defines inflation with the HICP headline number, which is core + the more volatile items. Shouldn't we move the discussion to headline HICP vs the ECB's main refinancing operations?

[jamesmaclean]

Hi ALF - To subscribe I see a Discount Code box.
Where do we find this Code or what is the Code ?