THE TRUTH ABOUT THE 2023 RECESSION FINALLY COMES OUT!! (Last Chance to Build Wealth)
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As many of you may have heard, the Federal Reserve has announced that it will be slowing down the pace of its interest rate hikes. This news is typically seen as bullish for the markets, as it means that the cost of borrowing money will remain relatively low. However, we are seeing the market sell off despite this news.
Why is this happening? It's important to understand that the market is not always a reliable indicator of the health of the economy. While the market may have experienced rallies throughout 2022, this does not necessarily mean that the economy is in good shape. In fact, many experts are predicting that the economy is about to enter into a recession.
When the economy slows down, it can have a ripple effect on various industries and sectors. This can lead to lower corporate profits, which in turn can lead to a bear market across equities and even in the crypto markets.
So, while the Fed's decision to slow down interest rate hikes may be good news in the short term, it's important to remember that the economy is still facing significant challenges. The market's reaction to this news is just one piece of the puzzle, and it's important to take a long-term view when it comes to investing.
00:00 - Intro
01:16 - Inflation ain't coming down soon
02:20 - The FED is losing credibility
03:10 - Why complicate things
04:00 - Inflation way above target
05:29 - The AI revolution is coming
07:59 - Gigamart Degens
08:52 - Outro
#investing #stockmarket #cryptocurrency #artificialintelligence #ai #crypto #bitcoin #ethereum
DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR
Bitcoin and other crypto news, prices and info.
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