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

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1 year ago
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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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#jeromepowell #federalreserve #fed #inflation #stonks #investing #wallstreet #bitcoin #usa #economy

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