Wealthion - Be Financially Resilient cover image

Weekly Market Recap: Bank Scare To Tank Markets & Trigger Recession?

Wealthion - Be Financially Resilient

00:00

The Fed Is Fighting the Inflation Dragon

The Fed was fighting the deflation dragon. It then had to put down that sword to fight the inflation dragon because that was the more immediate threat. When and if ever CPI gets back down under 3% or whatnot, I think the days of worrying about inflation are going to quickly disappear in our memories. The thing about this financial situation we're in right now is that this is going to kill bank lending period.

Transcript
Play full episode

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