Fed vs Reality: Jay Hatfield on Outdated Data, Rate Cuts, and Where to Invest Now

In this episode of Lead-Lag Live, I sit down with Jay Hatfield, CEO of Infrastructure Capital Advisors, to unpack why the Fed keeps getting it wrong—and how investors can actually benefit from the new rate-cutting cycle. From outdated shelter calculations to overlooked leading indicators, Jay explains why monetary policy needs modernization and where the next opportunities lie as markets adjust. In this episode: – Why the Fed’s reliance on lagging shelter data distorts inflation – How the mon...