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Podcast · 2026-09-12

Noble Update: Rates Aren't Coming to Save You

George Noble's contrarian rates call: rate cuts won't rescue stretched equity valuations — with core CPI running 2.4% y/y, a 5.36% 30Y, and 87% odds of a Fed HIKE Wednesday, the episode's thesis is that 'rates aren't coming to save you.'

MacroInterest RatesFed & Central Banks

Episode

Noble Update
ShowNoble Update
EpisodeRates Aren't Coming to Save You
HostGeorge Noble
Published2026-09-12
Duration48 min
Fidelity[metadata-only]
StanceNEUTRAL
ListenEpisode link ↗

Abstract

George Noble's contrarian rates call: rate cuts won't rescue stretched equity valuations. Read against the window's tape — core CPI 2.4% y/y with a hot 0.3% m/m, the 30Y at 5.36% (highest since June 2004), 87% odds of a Fed hike Wednesday per CME FedWatch — the episode's thesis is that 'rates aren't coming to save you,' and equity holders shouldn't count on monetary relief.

Actionability

Metadata-only entry — no actionability call. Full brief pending transcript.

Fidelity Notes

Metadata only: show, title, and link. No transcript or audio was available, so this entry carries tags and a short abstract only — no key math, no thesis-impact call, no stance implied.