Kitco NEWS | Federal Reserve's Rate Cuts Coming Too Late? Consumer Debt Crisis Looms - Danielle DiMartino Booth @kitco | Uploaded July 2024 | Updated October 2024, 6 hours ago.
Jeremy Szafron, Anchor at Kitco News, interviews Danielle DiMartino Booth, CEO & Chief Strategist of QI Research, at the Rick Rule Symposium in Boca Raton. DiMartino Booth provides deep insights into Jerome Powell's delayed rate cuts, the looming consumer debt crisis, and the potential economic impacts. She discusses the aggressive rate cuts anticipated in response to economic data and the implications for the broader economy. DiMartino Booth also explores the effects of the artificial intelligence revolution on employment, the rise in bankruptcy filings, and the unprecedented levels of non-mortgage debt among U.S. households.
Coverage of the Rick Rule Symposium 2024 is sponsored by G Mining Ventures (https://gmin.gold/en-US)
Follow Jeremy Szafron on X: @JeremySzafron (twitter.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (twitter.com/kitconewsnow)
Follow Danielle DiMartino Booth on X: @DiMartinoBooth (twitter.com/DiMartinoBooth)
00:00 - Introduction and Powell’s Congress Session
02:22 - Powell’s Delayed Rate Cuts
03:44 - Potential Aggressive Rate Cuts
05:06 - Impact of Rate Cuts on the Economy
07:28 - Revisiting Data Before Market Reactions
09:50 - Current Economic Indicators and Recession Signs
12:12 - Consumer Debt Crisis and Spending Patterns
14:34 - Job Market and Employment Trends
16:56 - Commercial Real Estate and Banking Sector
18:18 - Election and Future Economic Outlook
#Finance, #Economy, #JeromePowell, #FederalReserve, #InterestRates, #ConsumerDebt, #JobMarket, #Recession, #CommercialRealEstate, #Investing, #EconomicOutlook, #MonetaryPolicy, #DanielleDiMartinoBooth, #KitcoNews, #JeremySzafron, #RickRuleSymposium, #MarketAnalysis, #StockMarket, #BankingSector, #ArtificialIntelligence, #Inflation, #financialnews
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Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
Jeremy Szafron, Anchor at Kitco News, interviews Danielle DiMartino Booth, CEO & Chief Strategist of QI Research, at the Rick Rule Symposium in Boca Raton. DiMartino Booth provides deep insights into Jerome Powell's delayed rate cuts, the looming consumer debt crisis, and the potential economic impacts. She discusses the aggressive rate cuts anticipated in response to economic data and the implications for the broader economy. DiMartino Booth also explores the effects of the artificial intelligence revolution on employment, the rise in bankruptcy filings, and the unprecedented levels of non-mortgage debt among U.S. households.
Coverage of the Rick Rule Symposium 2024 is sponsored by G Mining Ventures (https://gmin.gold/en-US)
Follow Jeremy Szafron on X: @JeremySzafron (twitter.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (twitter.com/kitconewsnow)
Follow Danielle DiMartino Booth on X: @DiMartinoBooth (twitter.com/DiMartinoBooth)
00:00 - Introduction and Powell’s Congress Session
02:22 - Powell’s Delayed Rate Cuts
03:44 - Potential Aggressive Rate Cuts
05:06 - Impact of Rate Cuts on the Economy
07:28 - Revisiting Data Before Market Reactions
09:50 - Current Economic Indicators and Recession Signs
12:12 - Consumer Debt Crisis and Spending Patterns
14:34 - Job Market and Employment Trends
16:56 - Commercial Real Estate and Banking Sector
18:18 - Election and Future Economic Outlook
#Finance, #Economy, #JeromePowell, #FederalReserve, #InterestRates, #ConsumerDebt, #JobMarket, #Recession, #CommercialRealEstate, #Investing, #EconomicOutlook, #MonetaryPolicy, #DanielleDiMartinoBooth, #KitcoNews, #JeremySzafron, #RickRuleSymposium, #MarketAnalysis, #StockMarket, #BankingSector, #ArtificialIntelligence, #Inflation, #financialnews
__________________________________________________________________
Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news.
SUBSCRIBE to our channel to stay up to date on the latest market and industry news.
For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets - visit us at kitco.com
To get market updates on the go, download the Kitco Gold Live! APP - applications.kitco.com
Stay connected:
Twitter - twitter.com/kitconewsnow
Instagram - instagram.com/kitconews
Facebook - facebook.com/KitcoNews
LinkedIn - linkedin.com/company/kitconews
StockTwits - stocktwits.com/kitconews
Live gold price and chart: kitco.com/gold-price-today-usa
Live silver price and chart: kitco.com/Silver-price-today-USA
Live crypto market data: kitco.com/price/crypto
Learn more about Kitco News: kitco.com/news/about
For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: kitco.com/advertising
Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
