Lance Roberts & Adam Taggart, Wealthion, 1/7/23:
"7% Interest Rates? Is the Federal Reserve INSANE?"
"St Louis Fed CEO James Bullard recently claimed the Fed Funds Rate may need to rise as high as 7% to tame inflation. True or not, 7% interest rates would be absolutely brutal to today's highly-leveraged economy. In this week's Market Recap, financial advisor Lance Roberts and I dissect what life under such conditions would look like. Spoiler alert: it ain't pretty..."Comments here:
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