First Republic expected to collapse by Monday, but Fed won’t pivot – Michael Lee
Michael Lee, Founder of Michael Lee Strategy, joins Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News to discuss the unfolding banking crisis in the U.S., including the fate of the beleaguered First Republic Bank. They examine what the latest PCE inflation numbers may predict about the Fed’s upcoming interest rate decision, and why Lee […]
Has the Fed lost control of inflation? Is a recession next? This is where to invest
Inflation is now at yet another four-decade high, with the headline consumer price index surpassing (CPI) December’s reading of 7% to reach 7.5% in January, according to the latest data release from the Bureau of Labor Statistics. All eyes are now on the reaction of the Federal Reserve. Michelle Makori, editor-in-chief of Kitco News, discussed […]