Bond Market Disaster if Powell Cuts Rates with Jim Bianco

Interview recorded - 22nd of July, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming back Jim Bianco. Jim is the is President and Macro Strategist at Bianco Research, L.L.C. During our conversation we spoke about Jim's outlook, the international companies paying tariffs, whether Trump can fire Powell, should Powell save the bond market, stable coins and more. I hope you enjoy. 0:00 - Introduction 1:21 - Jim’s outlook 7:24 - International companies paying tariffs? 10:03 - Product inflation vs service deflation 12:35 - Immigration impact on inflation 15:02 - Can Trump fire Powell? 18:31 - Next FED Chair? 20:45 - Should Powell address bond yields? 28:43 - Step-up in deficits 31:27 - Stablecoins 36:25 - One message from conversation? Jim Bianco is President and Index Manager at Bianco Research Advisors. He is also the President of Bianco Research LLC. Since 1990, Jim’s commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has built a decades long reputation for objective, incisive commentary that challenges consensus thinking.Jim appears regularly on CNBC, Bloomberg, and Fox Business, and is often featured in the Wall Street Journal, Bloomberg News, Grants Interest Rate Observer, and MarketWatch. Jim has a Bachelor of Science degree in Finance from Marquette University (1984) and an MBA from Fordham University (1989). Jim Bianco: Research: https://www.biancoresearch.com/visitor-home/ ETF: https://www.biancoadvisors.com/ X: https://twitter.com/intent/follow?screen_name=biancoresearch&tw_p=followbutton LinkedIn: https://www.linkedin.com/in/james-bianco-117619152/ WTFinance - YouTube - https://www.youtube.com/@WTFinancepodcastTikTok - https://vm.tiktok.com/ZMeUjj9xV/ iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4 Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/ X- https://twitter.com/AnthonyFatseas