Fed Rate Cut Sets Stage For More Inflation
WATCH THE VIDEO HERE
I always enjoy listening to Jay Hatfield, the CEO of Infrastructure Capital Advisors, discuss the market and economy. He usually offers a point of view that you won’t hear in most other places – and he has data to back it up.
That’s just one of the reasons I was excited to join him last week for his monthly “Market & Economic Outlook” webinar.
During our conversation, I elaborated on why I believe the Fed should not have cut rates, the reason they absolutely should not do so again, and why additional rate cuts would lead to heightened inflation next year. Jay and I also took questions from viewers who tuned in for the live call.
I am a big fan of Jay’s work. InfraCap is an Oxford Club Pillar One Advisor, and I recommend one of InfraCap’s ETFs in The Oxford Income Letter. In August, Jay was also my first-ever guest on Oxford Income Live, my monthly interactive video call with Oxford Income Letter subscribers.
Check out our conversation by clicking here, and leave a comment below to let me know what you think. (Jay opened the call by updating his members on some of InfraCap’s research regarding the market, the election, the Fed, and more. My presentation begins at the 11:17 mark, followed by the Q&A portion at the end.)
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