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Why the Fed's Rate Cut Forecast Could be Wrong | Joseph Wang & Danielle DiMartino Booth — Public App

Joseph Wang, Founder of FedGuy.com, and Danielle DiMartino Booth, CEO of QI Research, break down the Fed's recent June meeting and why Powell and its leadership held a more hawkish stance. Both experts also discuss how recent inflation numbers, consumer spending trends, and the recent migration influx to America could lead to more rate cuts in 2024. The content of the video is for general and informational purposes only. All views presented in this show reflect the opinions of the guest and the host. You should not take a mention of any asset, be it cryptocurrency or a publicly traded security as a recommendation to buy, sell or hold that cryptocurrency or security. Guests and hosts are not affiliated with or endorsed by Public Holdings or its subsidiaries. You should make your own financial and investment decisions or consult respective professionals. Full disclosures are in the channel description. Learn more at Public.com/disclosures. Past performance is not a guarantee of future results. There is a possibility of loss with any investment. Historical or hypothetical performance results, if mentioned, are presented for illustrative purposes only. Do not infer or assume that any securities, sectors or markets described in the videos were or will be profitable. Any statements of future expectations and other forward-looking statements are strictly based on the current views, opinion, or assumptions of the person presenting them, and should not be taken as an indicator of performance nor should be relied upon as an investment advice.