Expert issues warning on US economy: Fed doing ‘nothing’ is making things ‘tighter’

30

Miller Value Partners portfolio manager John Spallanzani joined ‘Mornings with Maria’ to discuss the U.S. economy and stock market as oil prices fall to $78 a barrel. #foxbusiness

Subscribe to Fox Business! https://bit.ly/2D9Cdse
Watch more Fox Business Video: https://video.foxbusiness.com
Watch Fox Business Network Live: http://www.foxnewsgo.com/

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness
Follow Fox Business on Twitter: https://twitter.com/foxbusiness
Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness

source

30 COMMENTS

  1. Since Biden took office, there seem to have been more unfavorable results in America. These results include effects on the markets, such as price declines and sharp increases in inflation, as well as bank failures. I wonder if the sudden increase in interest rates will help value investors or if it would be wiser to stay away from the stock and financial markets for the time being.

  2. Want to ruin a democracy: divide and conquer. – Biden oh I mean Jinping

    I can say Bidenomic’s is good at doing one thing – creating more and more poor people.

  3. In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.

  4. The rise in cryptocurrency particularly bitcoin coinciding with terrorist groups needing money laundered and secret payments is not a coincidence unless you’re a lying worthless idiot like the people at MSM

  5. The FED is to be blamed for economic crisis, they ultimately benefit from buying failed banks, houses or even cars cheaper. Oh well, they can print credit as long as someone will borrow it into existence, but production cannot be printed. Right or wrong?

  6. cause of inflation. It was the loss of jobs due to the virus. we in the US, China, and Ukraine had invested in. Labor shortages caused inflation due to rising wages. do not forget.

  7. Virtual money are becoming more popular on the Internet. But that would amount to "denying the gold standard," as the great former President Harvard Hoover did. If we want to learn from history and protect the American people, wouldn't it be better to reject cryptocurrencies?

  8. Hunters Paintings were worth WHAT?????????? NOW thats expensive toilet paper. And the new Pablo Escobar I mean Pablo Picasso Painter AKA Hunter Biden stopped painting because?

  9. Enough about stimulus checks and no; they aren't "dwindling". The last covid check came in March of 2021 which is more than 2 1/2 years ago. Stimulus checks have ZERO relevance in Nov 2023. Far and away the MAIN problem for MOST Americans is the Biden INFLATION which is the worst ever for America. Not the worst in 40 years but the worst ever

  10. The Fed should have done a .25 % increase last week. Because they didn't do at least a 25 basis point increase this month they have delayed correcting inflation by at least a year.

  11. The problem is shelter inflation “numberical” home equity make people delusion to keep spending from feeling rich effect. As long as house price not back to reasonable price it will be fuel ongoing inflation.

Comments are closed.