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NOT GOOD: Europe’s JUNE CUT Signals Major Economic Danger For The US
NOT GOOD: Europe’s JUNE CUT Signals Major Economic Danger For The US
Sean Foo
139K subscribers
58,762 views May 12, 2024
The ECB has signalled they are cutting rates in June, but this isn't good news. It's admission that Europe's economy is weak and it's time to goose up the system again. This is bad news for the Fed because rate cuts might not even come in 2024. Staying higher for longer is pushing the US over the cliff and by the time the cuts come in, it might already be too late. Here's what you must know!
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✅ Timestamps & Chapters:
0:00 ECB's Deadly June Cut
3:14 US Economy "A House Of Cards"
5:39 Cuts Signals Recession RISK
8:10 US Consumer Sentiment Collapse
10:52 The Fed Is Traped
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