In October 2021, Lyn Alden, renowned macroeconomic thinker and investor, joined Forward Guidance for its first episode to argue that the sovereign bond market was vulnerable to inflationary pressures. 1 year later, with investors having dumped many trillions worth of government bonds, Alden returns to share her thinking on the long-term debt cycle, the energy markets, and what she sees as growing pressures for central banks to reliquify their beleaguered bond markets. Filmed on October 20th, 2022. Follow Lyn Alden on Twitter https://twitter.com/LynAldenContact Follow Jack Farley on Twitter https://rb.gy/uesguv Follow Forward Guidance on Twitter https://rb.gy/cy0dki Follow Blockworks on Twitter https://rb.gy/igyzsj -- Join Kraken, Binance, Arrington Capital, and 2000 others in heading to Dubai this fall for Algorand's DECIPHER conference, happening November 28-30. Tickets are available now -- use code DecipherFam22 for 25% off: https://fgpodcast.link/algorand -- Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://rb.gy/5weeyw Market commentary, charts, degen trade ideas, governance updates, token performance, can’t-miss-tweets and more. Subscribe to the Blockworks Research “Daily Debrief” Newsletter: https://rb.gy/feusos Find out more about the Blockworks video editor role here: https://blockworks.co/careers/ -- Timestamps: (00:00) Introduction (19:54) What Will Cause The Fed To Pivot? (26:21) The Treasury Market Is Not In Full Panic Mode Yet (33:45) Recession Risk (35:24) Asset Allocation (38:26) The Dollar and Emerging Markets (45:45) Energy (53:49) When Will The Dollar Stop Rising? (01:01:54) The Long-Term Debt Cycle -- Disclaimer: Nothing discussed on Forward Guidance 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.