# Fed Getting It Wrong? | Jay Hatfield Calls for 3 Rate Cuts as AI Leads the Market Higher

Page: https://stenobird.com/podcast/the-weekly-money-clip-6866050/fed-getting-it-wrong-jay-hatfield-calls-for-3-rate-cuts-as-ai-leads-the-market-higher
Text version: https://stenobird.com/podcast/the-weekly-money-clip-6866050/fed-getting-it-wrong-jay-hatfield-calls-for-3-rate-cuts-as-ai-leads-the-market-higher.md
Podcast: [Biz Talk Today TV](https://stenobird.com/podcast/the-weekly-money-clip-6866050)
Published: 2026-06-25T18:21:00+00:00
Episode link: https://traffic.megaphone.fm/FPMN1030599463.mp3
Audio file: https://traffic.megaphone.fm/FPMN1030599463.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-weekly-money-clip-6866050/episodes/fed-getting-it-wrong-jay-hatfield-calls-for-3-rate-cuts-as-ai-leads-the-market-higher
Duration seconds: 1836

## Resource

Is Wall Street missing the biggest macro story of the year? On today's episode of ⁠Hatfield Economics⁠, host Todd M. Schoenberger welcomes Jay Hatfield, CEO of Infrastructure Capital Management and CIO of ICAP ETFs, for a timely discussion on interest rates, inflation, AI, and the outlook for stocks. Jay explains why he remains firmly in the camp of three Federal Reserve rate cuts over the next 12 months, despite the market's skepticism and the Fed's higher-for-longer messaging. He argues that falling oil prices, slowing money supply growth, and ongoing deflationary forces are setting the stage for lower rates and a supportive backdrop for equities. The conversation also explores why Jay believes the market is underestimating the upside potential of artificial intelligence, why energy may face challenges if crude oil continues to decline, and how investors should think about positioning for the second half of 2026. Topics include: • Why Jay expects three Fed rate cuts over the next year• The Federal Reserve's biggest forecasting mistakes• Falling oil prices and the deflationary case• Why AI remains the most compelling market opportunity• The biggest risks facing investors today• The bullish case for lower Treasury yields• How $QVOL is generating strong early momentum• Stock selection, covered calls, and total-return investing• Why market sentiment may be missing the bigger picture• What investors should watch heading into earnings season If Jay is right, the market's biggest risk may not be inflation—but the Federal Reserve itself. 🔗 Website: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://biztalktodaytv.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 📧 Contact on Email: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠support@biztalktodaytv.com ⁠⁠⁠⁠⁠…

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