Category: Rising Interest Rates

US Fed announced no Interest Hikes in 2019

In 2018, the US Fed had stated that there would be up to three Interest Rate hikes in 2019.  Today the Fed announced that there will not be any Interest rate Hikes in 2019. Yes, they seem to have reversed course.

IMHO I believe this is smoke and mirrors. The Price of Oil has had a price breakout upwards. Expect to pay MORE for fuel. That will spark Inflation again, just as it had last year. When the Rate of Inflation goes up, then the US Fed will raise Interest Rates.

Video is courtesy of the TheoTrade, LLC YouTube channel

Posted by: Vincent Banial

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Scott Minerd, sees a looming 40% Stock Market Correction followed by a Recession

Scott Minerd, Global Chief Investment Officer at Guggenheim Partners, sees a looming 40% Stock Market Correction.

I would call a “40% Stock Market Correction“, a pretty major “Stock Market Crash“.

That could be followed by a Recession, due to rising Interest Rates.

Scott Minerd has warned that the Stock Market is on a “Collision Course with Disaster“.

Video is couretsy of the CNBC YouTube channel.

Click on this link: to visit the CNBC website to read their article titled: “Guggenheim investment chief sees a recession and a 40% plunge in stocks ahead