Fed Rate Cuts: Key Triggers for the Global Economic Storm - Peter St Onge

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, engages in a compelling conversation with Peter St Onge, Economist at the Heritage Foundation and a Fellow at the Mises Institute. St Onge warns that the real storm looms on the horizon, set to impact the global economy as the Federal Reserve contemplates cutting rates. He vividly describes the last rate hike as "the death cross," highlighting that the Fed's actions have backed markets into a perilous corner, creating a "very dangerous moment." St Onge delves into the transformation of central banks across the globe into "in-house money printers" for governments, revealing the economic landscape based on the most recent macro data revisions. Stay tuned for Part 2 to gain deeper insights into this critical issue.Show more

Follow Michelle Makori on X: @MichelleMakori (https://twitter.com/michellemakori)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)
Follow Peter St Onge on X: @profstonge (https://twitter.com/profstonge)

00:00 - Intro
01:24 - The last Fed hike is 'the death cross'
12:56 - Rate cuts
19:07 - Triggers to watch
21:30 - Real storm to hit the global economy
24:10 - Equity markets
29:46 - Bitcoin, gold
31:57 - Data revisions you need to pay attention to
__________________________________________________________________
Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news.

SUBSCRIBE to our channel to stay up to date on the latest market and industry news.

For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets - visit us at https://www.kitco.com

To get market updates on the go, download the Kitco Gold Live! APP - https://applications.kitco.com

Stay connected:

Twitter - https://twitter.com/kitconewsnow
Instagram - https://www.instagram.com/kitconews
Facebook - https://www.facebook.com/KitcoNews
LinkedIn - https://www.linkedin.com/company/kitconews
StockTwits - https://stocktwits.com/kitconews

Live gold price and chart: https://www.kitco.com/gold-price-today-usa/
Live silver price and chart: https://www.kitco.com/Silver-price-today-USA/
Live crypto market data: https://www.kitco.com/price/crypto/

Learn more about Kitco News: https://www.kitco.com/news/about/

For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: www.kitco.com/advertising

Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News.