FEDCAST 01
FEDCAST - with Harrison Tesoura Schultz, PhD
Fed news for January 14-Jan20.
The Fed is $114 billion behind in its payments to the U.S. Treasury.
The Stock Market is terrified of Trump. Trump vows to protect voters from Central Bank Digital Currency at the New Hampshire Primary.
The Stock Market slid on Wednesday because consumers spent to much money over the holidays.
Unemployment was lower than the Fed was hoping for because the Fed wants to take your job in order to maintain price stability for the rich.
The Biden administration has been bragging about bringing down inflation thru a soft landing but it's probably going to blow up in their faces.
Show Notes & Links:
https://www.wsj.com/economy/central-banking/fed-posts-largest-ever-annual-operating-loss-6e249a39
https://www.cnbc.com/2024/01/16/stock-market-today-live-updates.html
https://www.cnbc.com/2024/01/18/weekly-jobless-claims-post-lowest-reading-since-september-2022.html
https://x.com/PressSec/status/1748031385732870428?s=20
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