S3 E2: The US Fed Acquiesces to Higher Inflation
Description
By deciding to cut their Fed Funds Policy Rate this past week, amid a renewed rise in CPI price indexes is a clear sign that the FOMC is "acquiescing" to higher general rates of inflation.
Subsequently the US Dollar has broken out to the upside in a big way, which in turn is weighing on US Stock Indexes, Gold along with the entire Metals complex, and even Bitcoin.
What's next for the US economy, the Federal Reserve, the Dollar, and US asset prices?
Greg lays out his outlook, in today's episode of Money, Markets & New Age Investing.
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