Fed Will Cut To 2% Next Year As ‘4 Horsemen Of Deflation’ Hit, Economy Gets ‘Punched In Face’

Try InVideo for free at https://invideo.io/i/DavidLin and use the code DAVIDLIN50 to get 2x the video generation credits in your first month Jim Thorne, Chief Market Strategist at Wellington-Altus Private Counsel, discusses his outlook for Fed monetary policy, market reaction to this week's 50 basis point rate cut, and impacts of deflationary forces in the economy. Watch Jim's last interview with me: https://youtu.be/3-E7K73Q6Uc?si=q9rfcuGGPtc6-USM *This video was recorded on September 19, 2024 Subscribe to my free newsletter: https://davidlinreport.substack.com/ Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34s Listen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-report FOLLOW JIM THORNE: Wellington-Altus Private Counsel: https://wellington-altus.ca/private-counsel/ Twitter (@DrJStrategy): https://twitter.com/DrJStrategy FOLLOW DAVID LIN: X (@davidlin_TV): https://x.com/davidlin_TV TikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tv Instagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/ For business inquiries, reach me at david@thedavidlinreport.com *This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates. 0:00 - Intro 2:30 - Are we in a financial crisis? 7:20 - Historic market reaction to a Fed pivot 10:20 - What markets are pricing in now 12:30 - Decade of low growth 14:52 - 2% Fed Funds rate by next year 20:00 - Bond market outlook 21:00 - Stagflation possibility 23:40 - Monetary policy mistake 25:20 - Bank of England rates 27:20 - U.S. dollar outlook 30:00 - Risks of deflation 31:48 - Is “cheap money” the norm? 34:40 - Investment implications #economy #stocks #investing