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.

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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
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