Economists Veiws on Fed Chair Jerome Powells Speech Today 8-26-2022
The Fed has never done this in history, expect another 50% market crash - Todd Horwitz
Kitco News: Aug 26, 2022
Stocks and gold tumbled Friday morning as Fed Chair Jerome Powell made hawkish signals during his speech at the annual Jackson Hole Symposium.
Todd 'Bubba' Horwitz, editor of BubbaTrading.com, discusses his outlook on the markets and gold with David Lin, Anchor for Kitco News.
0:00 - Jerome Powell's speech
7:27 - Raising interest rates during a recession
12:27 - Gold 15:10 - Student loan forgiveness plan
19:02 - Raid on Trump's residence 22:14 - Inflation and oil
24:40 – CBDCs
BELIEVE IT! Fed Chair Powell Says: "US HOUSEHOLDS AND US BUSINESSES WILL SUFFER."
Greg Mannarino : 8-26-2022