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Kevin O’Leary: Stop Whining About The Fed - It’s “Fantasy” to Think Powell Will Cut Rates This Year
Shark Tank star Kevin O’Leary calls the Fed’s rate cuts a “fantasy” that “won’t happen” this year in an exclusive conversation with Daniela Cambone. He sees the current economic situation as stable and favorable and points out that the Fed's mandate for inflation is 2%, and with inflation hovering around 3%, there's no urgent need for rate cuts. Regarding the recent mishaps plaguing Boeing, O’Leary points out the amplified scrutiny brought by social media, making it challenging for the company to navigate its reputation. Additionally, he emphasizes the importance of maintaining separate financial identities for couples, advocating for each partner to have their own bank accounts, credit cards, and even investment accounts. Tune in now and be part of the conversation!
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Prepare for 2024's economic challenges, as discussed by Jim Rickards on the Daniela Cambone show. Discover how Gold, Silver, and strategic planning can protect and grow your wealth in uncertain times. Schedule your consultation: https://calendly.com/itmtrading/500?utm_content=DC03202024 or call 866-706-9061.
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📖 CHAPTERS:
00:00 Introduction and Fed Policy
2:31 Japan
4:30 Banking sector
5:17 Digital economy
8:06 Bitcoin ETF/gold
10:11 TikTok
11:53 U.S. politics and election
14:01 Online Harms Act and Canadian government
16:19 Canadian mining
18:19 Boeing
20:11 Oprah's resignation
23:00 Separate bank accounts in relationships
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For more than 28 years, Phoenix-based ITM Trading has been a nationally recognized organization for trusted, data-backed research and investor education in the precious metals industry. They strategically assist clients nationwide, specializing in the different functions that physical gold and silver products provide in a diverse portfolio. ITM Trading’s mission is to give investors the knowledge, analysis, and lifetime strategies they require to confidently navigate the intricate monetary policies that restrict economic freedoms. They help build each client a custom portfolio designed to protect and grow their wealth and assets during economic downturns, hyperinflation, and currency resets.
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#economy #election #KevinOLeary
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