USA Markets in Crisis - Joe Blogs
In this video I talk about the ongoing crisis in USA Markets which is driven by a combination of the new Tariffs and Donald Trump's repeated statements that he is not happy with Jerome Powell's decision making and that he could be removed as the Head of the Fed. The Fed is designed to operate independently from the White House and to focus on economic issues and Jerome Powell has stated that the Fed needs to assess the impact of the recently announced tariffs. The tariffs are expected to increase USA prices and drive up inflation and this could result in the Fed increasing interest rates. All of this is causing more uncertainty in the USA and has caused a DISLOCATION between Bond Yields and the value of the US Dollar. If this situation does not stabilize shortly it could result in one of the biggest crises in the history of the USA.
Chapters:
0:00 Intro
0:57 MARKETS
2:51 TARIFFS
5:20 JEROME POWELL
6:22 TRUTH SOCIAL
10:50 LAW
13:20 BONDS
16:53 YIELDS
18:18 SUMMARY & CONCLUSION