Thoughtful Money with Adam Taggart

Did The Fed "Jump The Shark" By Cutting Too Early? | Chris Whalen

Oct 15, 2024
Chris Whalen, Chairman of Whalen Global Advisors and an expert in banking and finance, raises alarm over the Federal Reserve's premature interest rate cuts. He warns that inflation may linger, pushing mortgage rates above 7%. The conversation dives into the intertwining issues of global economic stagnation, Florida's insurance crisis, and the urgent need for financial reform. Whalen emphasizes the complexities of the Fed's policies, the role of global liquidity, and the rising significance of gold as a safe asset amid economic uncertainty.
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