Markets Unraveling – Fed Must Pivot Soon | David Quintieri
Liberty and Finance: 9-29-2022
“Things are unraveling rapidly,” says David Quintieri, author of The Money GPS. Markets are falling amid a Fed focussed on fighting inflation, but Quintieri expects a Fed pivot in the next few months.
A Fed pivot will ultimately be destructive as currency devaluation goes into high gear. A pivot has already come from the Bank of England, leading to a waterfall decline in the value of the British Pound.
0:00 Intro
1:55 Stock market
3:39 Gold & silver
5:30 Economic forecast
6:55 Fed’s credibility
8:20 Pound collapse
12:40 Preparedness
15:48 Real estate