Listen to my interview commentary on the Fed’s latest rate hike; why global economic slowdown and more indicators of US economy weakening will have greater net effect slowing US economy than jobs and consumers spending holding up economy; why Fed cut rates only 0.25%. Fed rates, dollar appreciation and Trump tariff-trade war nexus. My initial explanation of what’s going on in the Repo market where rates spiked to 8%: Fed selling off its balance sheet and desperate financing of US annual $1T budget deficits. Is it a harbinger of financial crisis brewing? Is new QE coming soon?
TO LISTEN GO TO:
https://drive.google.com/file/d/1dQQmly8ojIfE3eGNMPD1kpxTkwO27upn/view
Hey, Jack,
Don’t know what the problem is, but I don’t seem to be able to play the interview.
Yes it appears there’s a problem. I’ll try to reload the link.
I’ve asked the radio station to resend the link.
The link is fixed! Many thanks!