The Fed Has Made Zero Progress Fighting Inflation – Ep 847
· Bank of England has Wall Street questioning the Fed. · Consumers are spending and borrowing more than ever. · Oil prices rise on OPEC+
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· Bank of England has Wall Street questioning the Fed. · Consumers are spending and borrowing more than ever. · Oil prices rise on OPEC+
Podcast: Download
· Dow Jones just did something it hasn’t done since the great depression. · Rates in the UK and Japan headed higher. · Weakness and
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· Fed makes biggest rate hike move in 28 years. · Powell makes excuses for Fed’s role in causing inflation. · Credit card debt at
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Stocks pump on potential Powell pivot. Fed trying to prevent its credibility and the market from imploding. More than two thirds of Bitcoin holders are
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Fed’s talk pricked the mother of all bubbles. Netflix becomes a victim of its own success. Cathie Wood’s ARKK fund sees an entire bear market
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Bitcoin continues to lose ground to Ethereum. Maxine Waters leads Congressional hearing on crypto. FDIC made banking less safe. Bitcoin competes with 14,000 other cryptocurrencies,
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Jack Dorsey’s Square acquires Afterpay in largest corporate takeover in Australian history. Activision discriminates against Republicans, not women. Black Women’s Equal Pay Day is based
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Inflation creating illusion of economic growth. Oil prices go up, but energy stocks get beat up. Fed won’t wage a war on inflation, never mind
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Oil prices break their winning streak. As stimulus runs out, Americans reach record high in consumer credit. ECB vows to increase cost of living for
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Markets begin to comprehend the Fed’s powerless against inflation. Oil prices may put the nail in the coffin of transitory inflation. Crypto traders unload their
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