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Rebel Capitalist News

Fed Rate Decision, Global Governments Collapsing, Automageddon

Rebel Capitalist News

George Gammon

Business, Investing

4.71.1K Ratings

🗓️ 19 December 2024

⏱️ 65 minutes

🧾️ Download transcript

Summary

The Rebel Capitalist helps YOU learn more about Macro, Investing, Entrepreneurship AND Personal Freedom.✅ Come to Rebel Capitalist Live here https://rebelcapitalistlive.com/   ✅ Check out my private, online investment community (Rebel Capitalist Pro) with Chris MacIntosh, Lyn Alden and many more for $1!! click here https://georgegammon.com/pro   ✅Rebel capitalist merchandise https://www.rebelcapitaliststore.com

Transcript

Click on a timestamp to play from that location

0:00.0

Hello for the rebel capital.

0:01.2

I hope you're well.

0:02.2

We got huge news.

0:03.3

The Dow is down 1,000 points.

0:07.7

We're going to be discussing this as well as the Fed rate cut decision and whether it was

0:14.3

doveish or hawkish.

0:16.0

We're also going to be talking about global, global governments, excuse me, basically collapsing when you look

0:22.5

at what's happening in Germany, what's happening in France, what's happening in Canada.

0:26.7

And then we're also going to be talking about new retail sales, which leads to a discussion

0:33.4

about what's happening in the auto sector. We're calling it Automageddon.

0:39.3

This is something you definitely want to tune in for.

0:42.7

So sit down, buckle up, guys.

0:44.3

Let's rock and roll.

0:46.7

Getting over to what happened with the Fed.

0:50.1

Well, you guys know they cut by 25 basis points.

0:53.2

That was no secret.

0:54.0

If you saw my discussion today with Fed guy, Joseph Wang, he was predicting this.

0:59.7

And it was like a 95% probability based on the CME Fed watch.

1:03.8

So no surprise there.

1:04.6

But what shocked the markets was the Fed came out very, very hawkish.

1:11.4

So it was a hawkish 25 basis point cut.

1:15.4

And when I say it caught the market off sides, I ain't joking.

...

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