
Fed's Tough Inflation Talk Sparks Gold Correction - Ep 895
The Peter Schiff Show Podcast
00:00
The Fed's Five and a Quarter Rate Increase
Microsoft and Nvidia are almost back at their 2021 all time record highs. Netflix was up 9%. These are big moves. A lot of it has to do with AI. I think that's the new theme now because you have stocks that are already implementing AI to cut their costs. And so you're starting to see a movement or have been for a while in a lot of these stocks. The stock market is shrugging off a tougher Fed. But gold got hit, bonds got hit, the dollar got a boost from this.
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