Jerome Powell and The Fed Just SCREWED UP Big Time

The Fed finally cut rates, but... only by 25 basis points. Jerome Powell played it safe, and that’s a huge mistake. The labor market is weakening fast and the 2% inflation target has already been abandoned. In this episode, I break down why Powell’s tiny cut won’t fix the problems at hand, why the Fed is falling further behind the curve, and what this shift means for stocks, gold, and Bitcoin heading into year-end.

0:00 Intro
0:43 Instant reaction to The Fed's decision
1:26 My case for a .50% interest rate cut
4:45 How will markets react to a new Fed Chair announcement?
6:11 Darius Dale interview from the Independent Investor Summit

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Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at:
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