🔴 Credit Crisis Forces Powell To Concede On Higher Rate Policy & Metals Spike | Mike & Mario Show

1 year ago
74

Federal Reserve Chairman Jerome Powell stated that the recent banking crisis has reduced the need for a significant increase in interest rates, while noting a divergence between market expectations and the Fed's projected rate path, suggesting a more balanced risk outlook.

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Chapters:
00:00:01 - Market reaction to Federal Reserve Chairman's comments on bank conditions
00:02:56 - The Perfect Storm: Debt ceiling talks, banking issues, and market nervousness
00:05:53 - The Inevitability of Pain and the Uniting Arab League
00:08:47 - The growing unity in the Middle East and the shift away from Western influence
00:11:36 - The Decline of the US Dollar and BRICS Currency
00:14:26 - Mixed Feelings towards Monarchy and 00:16:54 - Discussion on Metals as an Asset Class
00:17:07 - Gold Winning the Fight Against Doubters and Fears
00:20:00 - Robert Kennedy Jr's Presidential Candidacy and Bitcoin Support
00:22:46 - Limits on Free Speech in Financial Commentary
00:25:21 - Government Waste and Travel Restrictions
00:28:23 - The Ethics of Property Taxes and the Potential for Municipalities to Attempt to Raise Them
00:31:22 - The Cost of the Queen's Funeral and Containment of Diesel Cars
00:34:38 - Environmental Agenda and Targeting Agriculture
00:37:43 - Deep, Dark Bloodlines and the Price of Patriot Missiles
00:40:26 - The possibility of Capital restrictions to slow down the banking credit issue
00:43:15 - Why it's important to have some cash on hand

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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment.

#jeromepowell #federalreserve #fed #inflation #stonks #investing #wallstreet #bitcoin #usa #economy

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