# Macro Strategist: Buy these stocks for the NEW Fed regime

Page: https://stenobird.com/podcast/full-signal-7568617/macro-strategist-buy-these-stocks-for-the-new-fed-regime
Text version: https://stenobird.com/podcast/full-signal-7568617/macro-strategist-buy-these-stocks-for-the-new-fed-regime.md
Podcast: [Full Signal](https://stenobird.com/podcast/full-signal-7568617)
Published: 2026-09-10T12:00:00+00:00
Episode link: https://podcasters.spotify.com/pod/show/philrosen/episodes/Macro-Strategist-Buy-these-stocks-for-the-NEW-Fed-regime-e3ok4gk
Audio file: https://anchor.fm/s/10b3e31fc/podcast/play/125489108/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-8-9%2F431560996-44100-2-1b34c68006581.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/full-signal-7568617/episodes/macro-strategist-buy-these-stocks-for-the-new-fed-regime
Duration seconds: 2155

## Resource

Eric Wallerstein is the chief macro strategist for Clocktower Group, and was previously an advisor to Stephen Miran at the Federal Reserve Board as well as at the White House Council of Economic Advisors. He joins Phil Rosen on Full Signal to discuss the central bank outlook, why he is bullish on the US economy, and three global trade ideas that Wall Street is ignoring right now. This episode is sponsored by Harbor Capital Advisors: https://www.harborcapital.com/suite/ai-labs/ Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribe Follow Phil on X: https://x.com/philrosenn Follow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/ Timestamps: 0:00 - Why the Fed shouldn't hike 1:47 - Why markets expect a hike 4:47 - Hawkish dissenters 8:14 - Warsh and Fed credibility 10:02 - Reforming the Fed's balance sheet 14:02 - Reading the bond selloff 18:24 - Tariffs as fiscal impulse 20:46 - France and the debt divergence 23:21 - Why AI capex is bullish US 24:23 - Stocks if the Fed holds 27:19 - Japanese banks 30:07 - Mexico 33:39 - Defense stocks 35:41 - Follow Eric #podcast #investing #markets #tech #ai #macro #stocks #bitcoin #fed

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/full-signal-7568617/episodes/macro-strategist-buy-these-stocks-for-the-new-fed-regime/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/full-signal-7568617/macro-strategist-buy-these-stocks-for-the-new-fed-regime.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.