Why the Fed's Rate Cut Forecast Could be Wrong | Joseph Wang & Danielle DiMartino Booth

Joseph Wang, Founder of FedGuy.com, and Danielle DiMartino Booth, CEO of QI Research, break down the Fed's recent June meeting and why Powell and its leadership held a more hawkish stance.
Both experts also discuss how recent inflation numbers, consumer spending trends, and the recent migration influx to America could lead to more rate cuts in 2024.
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[@ThinhSan]

Solid analysis from Danielle about the effect of rate cuts on the stock market.

[@richandunreachable]

My Favorite Analysts

[@detectiveofmoneypolitics]

Economic investigator Frank G Melbourne Australia is following this very informative content cheers Frank

[@DonRua]

There are over $30 trillion in Eurodollars circulating outside of U.S. control, primarily used for lending and borrowing among European and global nations. The "high rates for longer" policy makes repayments challenging, potentially leading to recessions or even economic collapses in these regions. Consequently, smart money may flee to the U.S. market for safety.
While lower rates could benefit us, higher rates actually offer more advantages in this scenario. The era of globalization and international cooperation is evolving; it's now about who has the cleanest dirty laundry. So far, the U.S. is winning the first round.

[@waltertodd4479]

Why so much talk about rates going down? Deflation after so much inflation is a good thing. The only folks that worry about Deflation are rich people with something to lose. I say bring on price discovery now!

[@zilver90000]

Wang is clown chill