Is The Fed Condemning Us To Stagflation? | Axel Merk
Markets remain quite bruised and battered as investors digest the results of last week’s Federal Reserve Open Market Committee decisions and Chairman Powell’s latest guidance. The Fed continues talking tough about its commitment to fighting inflation. Is it willing to sacrifice the markets in this pursuit? To discuss this, we welcome back Axel Merk, President and Chief Investment Officer of Merk Investments to the program. Axel is one of the most connected Fed-watchers we know, and he just spent time at a closed-door event with several of the top economic policymakers in the country, like former US Treasury Secretary and Director of the National Economic Council Larry Summers and James Bullard, St Louis Fed President. See the YouTube Video for the charts and graphics: https://youtu.be/0vsQbP77_L4
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