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Federal Reserve Leaves Rates Unchanged, Signals Cuts in 2024 | The Schaftlein Report Ep. 14
In this week's episode, the economy takes center stage as the Dow rallies to an all-time high above 37K. Despite this positive news, a Bloomberg/Morning Consult poll shows that many Americans still hold a negative view of President Biden's handling of the economy. David Axelrod describes Biden's numbers as terrible, with former President Trump leading Biden by 2 to 9 points in eight key swing states.
The episode also delves into several geopolitical events, including the House moving forward with an impeachment inquiry, the deteriorating Harvard brand, and radical pro-Palestinian protestors who shut down the 110 freeway in LA. Vice President Harris expressed sympathy for Palestinians, but 80% of West Bank residents reportedly support Hamas.
While Israel continues to decimate Hamas, nine elite troops are killed in a recent ambush. The militants are surrendering, but the question remains: what will happen after the war ends? This episode provides insight and analysis on the latest developments in the economy, politics, and current events.
Want to tune in on the go? Listen to the podcast version below!
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