‘Emergency’ Fed rate cut by June, only 6 U.S. banks will be left by 2025 paving way for CBDC – Dowd
Edward Dowd, Founder of Phinance Technologies and former BlackRock fund manager, and Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, discuss the Federal Reserve’s latest rate hikes, and why Dowd thinks Fed Chair Powell will be “forced” to cut rates by June of 2023, leading to a “controlled implosion” of the banking sector. Dowd […]
Fed to cut rates as ‘mild’ recession sets in by 2025, these are the assets to watch for – Sam Burns
A recession is likely by 2025, but will be ‘mild,’ according to Sam Burns, Chief Strategist at Mill Street Research. He discusses his inflation outlook, why he expects a future recession to be ‘mild,’ and what all of this implies for portfolio allocation with David Lin, Anchor and Producer at Kitco News. Follow David Lin […]