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The Fed Will Lose an Inflation Fight – Ep 775

Published 4 years, 1 month ago
Description

* Surprise earnings send Nasdaq on a roller coaster.
* Companies are paying the price for not raising their prices.
* Bitcoin trading above $40k, perhaps for the last time.
* $10/gallon gasoline on the horizon.
* Rising Euro will be problematic for the US economy.
* Jobs report reveals strength in inflation, not the labor market.
* Gold market shows investors are waking up to the Fed’s failing inflation fight.
* Markets punish discrimination; government rewards discrimination.
* Washington DC should pick a more appropriate name for their football team.



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