In this clip, I explain why I believe the Fed is getting ready to cut rates.
At the last FOMC meeting, Powell completely confused the markets–nobody knew what he was going to do. But over the last few days, Fed members have come out openly supporting rate cuts and expressing concerns about the weakening labor market.
That shift is what’s driving the rally right now.
#PeterSchiff #FederalReserve #RateCuts #Powell #Economy
#short
