Steve Hanke: The Fed is Behind the Curve - Recession is Inevitable
Wealthion - Be Financially Resilient
Reassessing Economic Signals and the Fed's Role
This chapter explores the potential severity of an impending recession and critiques the Federal Reserve's focus on interest rates over the broader money supply. It highlights the disconnect between current economic data and longer trends, arguing that the Fed's reactionary approach leads to forecasting errors. The discussion also delves into market expectations for rate changes and suggests investment strategies amidst uncertainty, advocating for a cautious stance in both equities and alternative assets like gold and agricultural land.
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