Danielle Park and Jay Martin discuss:
1. Why the Fed is smart to try and raise interest rates
2. Why their timing is terrible
3. Why Powell will not be able to stick to the the plan
4.Asset Price predications
5. Thoughts on inflationHere is a direct video link.
Further to our discussion on water being the most valuable commodity, this graphic offers some forward-looking insight.
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Cory’s Chart Corner
Humans just repeat the same old themes decade after decade. Today there is far more debt to service, thus greater financial impact on spending. Ask Walmart's CEO if he's noticed any change in consumer behavior while the U.S 10 years hits 5%.
Don’t forget in April of 2007 10 year hit 5.3% and by October of 2008 they were 2%.
