Real Vision: Finance & Investing cover image

Is the U.S. Economy Too Hot to Handle? With Jim Bianco

Real Vision: Finance & Investing

00:00

The Fed's Base Case for a Rate Hike

Jim Boulden: If the US economy strength comes from the consumer, they're super sensitive to gas prices. The question we'd have to ask ourselves is, what is the price that would cool the economy? He says it's an extra $4, you know, 20 cents on a 20 gallon tank. It's four bucks more to fill your car. Is that really gonna slow the economy in another four bucks to fill your tank? he asks. "I do think that the Fed is gonna continue to move higher because I think that Jay Paul has made it very clear"

Play episode from 29:38
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app