Reported 18 days ago
In a recent episode of Stocks In Translation, economist Peter Borish describes the current state of the U.S. economy as a 'tug of war', influenced by recent Fed rate cuts, fluctuating earnings, and the upcoming U.S. elections. He explains how higher interest rates can lead to deflationary effects on demand, while simultaneously boosting interest in assets like gold and bitcoin. The discussion focuses on the implications for stock markets and offers insights on how to safeguard investments amidst this uncertain environment.
Source: YAHOO