It’s only a matter of time before the economy unravels. That’s when the markets will get the rate cuts they desperately want – even though inflation still has a heartbeat.
Maharrey offers an in-depth look at the economy, emphasizing the importance of understanding the underlying factors that drive market trends and economic conditions.
In all, the labor market does appear to be rolling gently over; but the big question remains whether or not inflation will let Powell have his cake and eat it, too.
While everybody is focused on the prospect of an interest rate cut and the hope of easier money, most completely ignore the other central bank monetary policy – the Fed balance sheet.
It should be noted as ALWAYS being suspicious when all revisions (but one) go the way that is best for the government’s show-and-tell for months on end.
Host Morgan and CEO Gleason explored sound money principles, the significance of precious metals in the financial system, and the ongoing legislative efforts to promote these ideals.
So, when the Fed people say they beat inflation and now they can ease monetary policy, they really mean they’re going to start inflating the money supply again.
The challenge to accepting this state of economic bliss for Americans is the growing piles of both public and private sector data which conflicts with what bureaucrats have to say.
