News: WTF!?...New Report Says Fed Will Drop Rates To 0% In 2024
Rebel Capitalist News
George Gammon
4.7 • 1.1K Ratings
🗓️ 28 September 2023
⏱️ 13 minutes
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Summary
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Transcript
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| 0:00.0 | Hello fellow rebel capitalists hope you're well so a new report from the Wall Street Journal |
| 0:07.0 | just comes out and implies that when the Fed starts dropping rates, they're not going down to 4%. |
| 0:16.3 | No, no, no, they're going straight down to 0% if history is a guide. |
| 0:24.0 | Let's get right over to the Wall Street Journal and check this out. |
| 0:26.8 | Title, when rates drop, they usually plunge. |
| 0:30.9 | And if this sounds familiar, or I should say it should sound familiar, for a lot of you guys that watch this channel consistently, because we talk about this all the time. History suggests Central Banks expected scenario |
| 0:46.8 | isn't likely to happen. Where have I heard that before? |
| 0:53.4 | I think on this YouTube channel, it's, oh yes, |
| 0:57.5 | it's called the Rebel Capitalist channel. |
| 0:59.1 | That's why I've heard this before. |
| 1:00.6 | Let's keep going. |
| 1:01.6 | Federal Reserve is hoping for something it has never managed before. |
| 1:06.7 | So whenever I go over these articles from CNBC and Bloomberg, where all these talking heads and experts are sitting there just saying, |
| 1:16.4 | oh, well, yeah, look, I mean, going into 2024, we're going to have this no landing, |
| 1:21.5 | and the Fed is just going to drop interest trades by maybe 25% maybe once a quarter |
| 1:26.7 | and it's just going to be this beautiful de leveraging and then we're just going to gradually go back down to where we were before, you know, 2%. |
| 1:38.1 | But the Fed is going to do this over the span of like three or four years. |
| 1:42.2 | And each time they cut rates the market's |
| 1:44.8 | going to explode higher the economy is going to continue to boom. This is the |
| 1:50.0 | narrative that you hear right? Where on this channel we just look at charts from history and say, well, yeah, that might happen, |
| 1:57.3 | but the probability is incredibly low. |
| 1:59.2 | Why? |
... |
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