The Fed will crash the economy if it doesn't change course

Stocks moved lower yesterday as investors worried about Fed Chair Jerome Powell's upcoming speech from Jackson Hole, Wyoming. I continue to pound the table on why the Fed is the biggest risk to the markets. I highlight how the Fed has crushed a major sector just six months… and what possible actions would cause me to sell stocks. And while the Fed's plan to tame inflation is working, I explain how the shift in consumer behavior is hurting several industries. I'm back from the Crypto Connect & NFT Expo in West Palm Beach, Florida. I share some highlights from this incredible event… how retailers are pushing into the metaverse… and why billions are already pouring into the space. In this episode [Aim for 5 bullets max]: What caused yesterday's market selloff? [1:35] The Fed crushed this market in six months [5:15] Why the Fed is a threat to the markets [14:00] A recap of the Crypto Connect & NFT Expo [26:55] How individuals—not big tech—will control the metaverse [31:10] Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox every Wednesday: https://www.curzioresearch.com/wall-street-unplugged/ Wall Street Unplugged podcast is available at: --iTunes: https://itunes.apple.com/us/podcast/wall-street-unplugged-frank/ --Stitcher : https://www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 --Website : https://www.curzioresearch.com/category/podcast/wall-street-unplugged/ Twitter: https://twitter.com/frankcurzio Facebook:. https://www.facebook.com/CurzioResearch/ Linkedin: https://www.linkedin.com/in/frank-curzio-690561a7/ Website: https://www.curzioresearch.com