How high does the Fed have to go? That's like the million dollar question. Some people think that 5.5, I mean, think about where we were about a year ago at zero,. So I think that's why they stepped down from 50 to 25. And of course, they've gone from 75 to 50 that I don't know. If they get to 5.5 and stay there for a year, that may not be enough to keep the dollar stronger relative to its global peers.
Bloomberg News Reporter Max Reyes discusses Berkshire turning heads when it slashed a multibillion-dollar technology bet soon after disclosing it, ahead of Warren Buffett's annual letter to shareholders on Saturday. Bloomberg News Chief Correspondent for Global Macro Markets Liz McCormick explains why the world's most painful trade is finally coming to an end as the dollar peaks. Tony Saliba, CEO of Liquid Mercuy, shares his thoughts on central bank digital currencies as the future of money. And we Drive to the Close with Charlie Massimo, Financial Advisor at Wealth Enhancement Group.
Hosts: Carol Massar and Madison Mills. Producer: Paul Brennan.
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