16 min listen
Powell Doubles Down on Inflation, Who Wins, Who Loses?
Powell Doubles Down on Inflation, Who Wins, Who Loses?
ratings:
Length:
12 minutes
Released:
Jun 28, 2023
Format:
Podcast episode
Description
“Clearly, people that are familiar with the market would say, 'what do they know that nobody else doesn’t?'” asks Will Rhind, founder and CEO of GraniteShares, as news circulates that BlackRock’s spot bitcoin exchange-traded fund application may likely get approved by the U.S. Securities and Exchange Commission. He claims that the saga has been ongoing for years and it is unclear why many large institutions such as Fidelity and Invesco are following suit now. Additionally, Rhind claims that investors should be level-headed about Federal Reserve Chairman Jerome Powell’s comments on raising interest rates. “We have to be a little bit careful at the same time… that’s why the response from the market so far has been a little bit measured.” He concludes that the U.S. economy is strong and that signals a “dampening demand for [precious] metals.” ➡️ Watch Here
Released:
Jun 28, 2023
Format:
Podcast episode
Titles in the series (100)
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