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It's Fed Day! Jerome Powell decided to hold interest rates instead of cutting. We explain why this was a terrible decision. Also on the show, the government is weakening the dollar on purpose to match the administrations economic goals, and why consumer sentiment data may be faulty.
0:00 Intro
0:38 Jerome Powell and the Fed are asleep at the wheel
3:46 The US government is weakening the dollar ON PURPOSE
7:03 Why the US economy needs AI to succeed
10:03 It's time to stop paying attention to consumer sentiment reports
Listen to From the Desk of Anthony Pompliano on:
Apple Podcasts: https://podcasts.apple.com/us/podcast/from-the-desk-of-anthony-pompliano/id1819778503
Spotify: https://open.spotify.com/show/1THAGnR1Xt1WDUn1CCTh1D
Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at:
http://pompletter.com
Join 600K+ subscribers on my main channel: https://pompyoutube.com/
Follow Pomp on social media:
Twitter: https://twitter.com/APompliano
Instagram: https://www.instagram.com/pompglobal/
LinkedIn: https://www.linkedin.com/in/anthonypompliano/
#AnthonyPompliano #FromtheDesk #marketnews
By Anthony PomplianoIt's Fed Day! Jerome Powell decided to hold interest rates instead of cutting. We explain why this was a terrible decision. Also on the show, the government is weakening the dollar on purpose to match the administrations economic goals, and why consumer sentiment data may be faulty.
0:00 Intro
0:38 Jerome Powell and the Fed are asleep at the wheel
3:46 The US government is weakening the dollar ON PURPOSE
7:03 Why the US economy needs AI to succeed
10:03 It's time to stop paying attention to consumer sentiment reports
Listen to From the Desk of Anthony Pompliano on:
Apple Podcasts: https://podcasts.apple.com/us/podcast/from-the-desk-of-anthony-pompliano/id1819778503
Spotify: https://open.spotify.com/show/1THAGnR1Xt1WDUn1CCTh1D
Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at:
http://pompletter.com
Join 600K+ subscribers on my main channel: https://pompyoutube.com/
Follow Pomp on social media:
Twitter: https://twitter.com/APompliano
Instagram: https://www.instagram.com/pompglobal/
LinkedIn: https://www.linkedin.com/in/anthonypompliano/
#AnthonyPompliano #FromtheDesk #marketnews