Black Friday SELLOFF…FED will never raise interest rates
4. Market review – Wealthsteading Podcast
November 28, 202112m 18s
Audio is streamed directly from the publisher (media.blubrry.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Episode 346: I’m not at all concerned about the stock market selloff that happened on Black Friday. In fact, the rally will likely continue even longer, because now the FED will be more hesitant to raise interest rates.
In this episode I discuss the two primary drivers of COVID inflation…and neither have anything to do with FED monetary policy. This temporary, transient inflation is being caused by:
- lack of Immigration
- Inheritance…the greatest generational transfer of wealth in history.
——————————————————